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PXPay Plus and J.P Morgan Asset Management Taiwan Join Forces to Launch Industry-First Direct Fund Dividend Direct Deposit into E-Wallet Accounts

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PXPay Plus and J.P Morgan Asset Management Taiwan Join Forces to Launch Industry-First Direct Fund Dividend Direct Deposit into E-Wallet Accounts
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PXPay Plus and J.P Morgan Asset Management Taiwan Join Forces to Launch Industry-First Direct Fund Dividend Direct Deposit into E-Wallet Accounts

2025-03-31 17:30 Last Updated At:17:45

Endless Growth of Wealth: Reinvest Dividends into Micro-Investment Funds

TAIPEI, March 31, 2025 /PRNewswire/ -- "Digital Hen" is a fund investment service jointly launched by PXPay Plus and Fund swap, integrating payment and investment functions. It is designed for beginner investors and budget-conscious individuals, allowing them to invest while they spend. The service offers two investment options: "Spare Change Saving" and "Regular Saving."

Since its launch, it has achieved impressive results, gaining nearly 10,000 new users in Q4 2024 compared to Q3. On average, Digital Hen users have seen a return of approximately 10.9% (investment always carries risks; fund investments may gain or lose value; please read the prospectus carefully before subscribing). This service also makes it easier for beginner investors to build their wealth.

Following the launch of the "Digital Hen" service, PXPay Plus is once again expanding its footprint in financial innovation! Today (27th), PXPay Plus announced a partnership with J.P Morgan Asset Management Taiwan, a global leader in asset management, to launch a new service integrating  e-wallet with asset management. This service allows users to flexibly utilize their fund dividend earnings, enhancing daily convenience and quality of life while achieving their ideal financial goals.

With this innovative service, investors can have their fund dividends deposited directly into their PXPay Plus account balance, which can then be used for daily expenses. Additionally, by participating in designated promotional campaigns, users can earn "PXPay Plus Points" (1 PXPay Plus Point = 1 TWD, which can be redeemed for purchases). Alternatively, they can leverage the "Digital Hen" service to allocate small amounts of change into investments, reducing financial risks through diversification.

This service not only makes wealth management easier but also enables smarter spending! It offers investors a more flexible and diverse approach to asset utilization, creating a new experience in both financial management and payments.

※ Investment involves risks. Fund investments may result in gains or losses. Please read the fund prospectus carefully before making any investment decisions.※

First Ever in the Industry: Fund Dividends Deposited Directly into E-Wallet Accounts

J.P Morgan Asset Management Taiwan has been deeply rooted in the local market for 40 years and was the first foreign asset management company in Taiwan to offer online fund trading. By providing a diverse range of financial products and services, it integrates quantitative data with qualitative expertise to ensure clients benefit from convenient financial solutions.

Henry Tong, Chairman of J.P Morgan Asset Management Taiwan, emphasized that "products" and "customers" are the two core values of the company. Recognizing the growing demand for fund dividends, J.P Morgan Asset Management Taiwan has partnered with PXPay Plus to launch an innovative service, "Dividend Deposit into PXPay Plus" This new financial solution integrates PXPay Plus as one of the fund dividend deposit channels, allowing dividends to be directly credited to PXPay Plus accounts. This enhances capital utilization efficiency and offers dividend fund investors an additional option to use their earnings for daily expenses.

General Manager of PXPay Plus, Kennith Yu, highlighted that J.P Morgan Asset Management Taiwan is a globally trusted investment partner that stays ahead of market trends. Through this collaboration, PXPay Plus aims to achieve three key objectives: First, to attract more new users. Secondly, increase users' consuming power to raise the transaction volume, since they have deposited their fund dividends into PXPay Plus wallet. Last of all, foster more cross-industry cooperation, creating opportunities to develop a more diverse financial platform. 

9 Funds Eligible for "Dividend Deposit to PXPay Plus" – Earn PXPay Plus Points with Qualifying Purchases!

To celebrate the launch of its new financial service, PXPay Plus is offering a special reward program for users. From April 1 to December 31, 2025, PXPay Plus members who are also users of the J.P Morgan Asset Management Taiwan DIRECT investment platform, who participate in the "Dividend Deposit to PXPay Plus" program and have at least one successful dividend deposit into a given month can earn  500 PXPay Plus Points by making a single purchase of NTD 500 or more using PXPay Plus in the following month.(This offer applies only to domestic J.P Morgan Asset Management Taiwan funds) Each user can receive a maximum of 500 PXPay Plus Points per month, up to 4,000 PXPay Plus Points throughout the campaign period.

For Example:

Scenario A:Hu-Li(The mascot of PXPay Plus) subscribes to a designated J.P Morgan Asset Management Taiwan fund before 4:00 PM on April 7, 2025, and links  their PXPay Plus account to receive fund dividends. In April 2025, the fund dividends are successfully credited to their PXPay Plus account. On May 2, 2025, Hu-Li makes a single purchase of NTD 568 at RT-Mart using PXPay Plus and receives 500 PXPay Plus Points as a reward.

Scenario B- Pang-P(Mascot of PXPay Plus) previously subscribed to a designated J.P Morgan Asset Management Taiwan fund and updated their dividend deposit method to PXPay Plus before March 31, 2025. In April 2025, the fund dividends are successfully credited to their PXPay Plus account. On May 5, 2025, Pang-P makes a single purchase of NTD 888 at RT-Mart using PXPay Plus,  Pang-P then receives 500 PXPay Plus Points as a reward. On the other hand, if users who do not receive fund dividends in April 2025 will not be eligible for the reward in May.)

Looking to  the future, this collaboration marks the beginning of a long-term partnership between PXPay Plus and J.P Morgan Asset Management Taiwan. Both companies aim to develop more innovative financial services, making fintech solutions accessible across different social sectors while enhancing platform competitiveness and market influence. Furthermore, PXPay Plus and J.P Morgan Asset Management Taiwan will continue to offer diverse and customized financial management and payment services, helping users achieve long-term financial goals while  creating a smarter, more convenient financial lifestyle.

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Promotion Period: 2025 April 1st to 2025 December 31st

Eligible Participants: This promotion is open to all PXPay Plus members who are also J.P Morgan Asset Management Taiwan DIRECT investment platform customers at the time of cashback calculation.

Promotion Details:

Log in to J.P Morgan Asset Management Taiwan DIRECT: PXPay Plus members must log in to the J.P Morgan Asset Management Taiwan DIRECT investment platform. Link the  Fund Dividend to PXPay Plus account, set up the deposit of domestic fund dividends to the PXPay Plus wallet. After identity verification and successful linking, the PXPay Plus membership number will appear in the fund account information under "My Account" > "Withdrawal/Deposit Account" > "Dividend Deposit Bank/Account". : When a J.P Morgan Asset Management Taiwan domestic fund reaches the distribution threshold for the current month, the dividend will be credited to the PXPay Plus wallet.

Once the user  qualifies for the event, they can earn 500 PXPay Plus Points by making a single purchase of NTD 500 or more in the following month. Eligible purchases can be made with your PXPay Plus balance account, linked bank account, or linked credit card, including payments for domestic and international purchases.

The 500 PXPay Plus Points promotion points will be awarded starting in May 2025. Each customer can receive the reward once per month, up to 8 times during the event period.. The final month for receiving rewards is December 2025. A total of 5,000,000 PXPay Plus Points will be distributed, allocated on a first-come, first-served basis, until the total allocation is exhausted..

Example 1:

Your J.P Morgan Asset Management Taiwan domestic fund's dividend is successfully credited to your PXPay Plus account in April (qualifying for the event). On May 3, 2025, you make a NTD 550 purchase with PXPay Plus wallet (meeting the NTD 500 minimum), and you will immediately receive 500 PXPay Plus Points. If you make another purchase on May 10, 2025, the reward will not be issued again in May as you are only eligible for one reward per month.

Example 2:

Your J.P Morgan Asset Management Taiwan domestic fund's dividend is successfully credited to your PXPay Plus account in mid-April (qualifying for the event). If you make a purchase of NTD 600 on April 28, 2025, you will not receive the reward because the reward is applicable to purchases made in the month following the dividend deposit.The PXPay Plus Points will be issued by  PXPay Plus Co., Ltd., and the event is concurrent with other PXPay Plus promotions.

<For more details, please refer to the PXPay Plus App announcement, PXPay Plus reserves the final right to make decisions regarding this promotion>

About PXPay Plus

PXPay Plus, an e-wallet brand founded and 100% fully owned by the PX Mart Group. In June of 2021, PXPay Plus obtained licenses and approval for operating electronic payment related business from the FSC (Financial Supervisory Commission) in Taiwan. Continuing the company culture of the PX Mart group, building a delightful company environment for everyone. With the launch of PXPay Plus, users can now enjoy enhanced wallet features, providing a seamless and secure payment experience.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

PXPay Plus and J.P Morgan Asset Management Taiwan Join Forces to Launch Industry-First Direct Fund Dividend Direct Deposit into E-Wallet Accounts

PXPay Plus and J.P Morgan Asset Management Taiwan Join Forces to Launch Industry-First Direct Fund Dividend Direct Deposit into E-Wallet Accounts

VICTORIA, Seychelles, April 3, 2025 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange, is proud to announce that it has surpassed 40 million registered users worldwide. This significant milestone underscores the trust and confidence the global community places in KuCoin and its commitment to providing secure, compliant, and innovative products and services.

Unwavering Commitment to Compliance

KuCoin's growth is not just in numbers but also in its steadfast commitment to compliance and user protection. The exchange has made substantial progress on the regulatory front, including a pivotal settlement with the Department of Justice (DOJ). This agreement marked a new chapter for KuCoin, resolving past compliance challenges and setting a clear path for future operations. Additionally, KuCoin's application for the Markets in Crypto-Assets Regulation (MiCAR) license in Austria is another testament to its dedication to adhering to global compliance standards, ensuring that it operates within the legal frameworks essential for servicing EU and EEA markets.

Trusted and Innovative Solutions Driving Growth

KuCoin has continually introduced innovative products that resonate with users worldwide. From advanced trading solutions to user-friendly platforms for new crypto enthusiasts, KuCoin has maintained a focus on enhancing user experience and expanding its service offerings, making it one of the most versatile platforms in the crypto space. KuCoin recently launched its brand new KCS Loyalty Level Program that is designed to enhance the utility of existing and new KCS holders by introducing a tiered loyalty system that rewards users based on their KCS stakings. Krazy Degen, which serves as an all-encompassing information hub focused on displaying and monitoring multi-chain trending tokens, is also a groundbreaking feature designed to transform how traders discover and invest in early-stage, high-potential tokens directly from the blockchain.

A Word from CEO of KuCoin

"Our journey to 40 million users is not just a number—it's a testament to the trust we've built with our users across the globe," said BC Wong, CEO of KuCoin. "We remain committed to delivering a secure and dynamic trading environment, with compliance as our backbone and innovation as our path forward. This milestone reflects our ongoing efforts to not only meet but exceed the expectations of our users."

Looking Forward

As KuCoin continues to grow, the exchange remains dedicated to enhancing its services and compliance measures. With ongoing improvements in security protocols, user education, and community engagement, KuCoin is poised to keep providing exceptional value and service to its expanding user base.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as "Best Crypto Apps & Exchanges" by Forbes and has been recognized among the "Top 50 Global Unicorns" by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

KuCoin Surpasses 40 Million Registered Users, Demonstrating Commitment to Compliance and Innovation

KuCoin Surpasses 40 Million Registered Users, Demonstrating Commitment to Compliance and Innovation

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