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HSBC’s PayMe goes global with access to 34 million merchants in 46 markets on UnionPay

SCMP LogoSCMP3h ago

HSBC’s PayMe goes global with access to 34 million merchants in 46 markets on UnionPay - SCMP

Quick Summary:

HSBC’s digital payment platform will allow its 3.2 million users in Hong Kong to pay for purchases worldwide from August 8 through a partnership with Chinese merchant UnionPay.

The State Council in March pledged to support digital payment channels and remove hurdles to transactions.“We are very encouraged by our partnership with PayMe, one of the largest e-wallets in Hong Kong,” said Michelle Shao, general manager of UnionPay International in Hong Kong.“UnionPay QR code has the advantages of wide acceptance, safety and reliability.

They can also shop online with merchants that accept UnionPay, it added.


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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 15:01:27 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 314 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21967530

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About SCMP

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 12 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 3 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

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