AsiaPay partners with PayMe by HSBC to meet merchants' business needs

HONG KONG, June 19, 2023 /PRNewswire/ -- A leading provider of digital payment solutions in the Asia Pacific, AsiaPay has announced the partnership with PayMe by HSBC in Hong Kong to help local merchants provide more flexible payment options in a single device and enhance the purchase experience for consumers.

The partnership will enable merchants to offer PayMe to their customers when they check out online and offline. It also allows merchants to connect with more than 3 million PayMe users through AsiaPay's payment gateway—PayDollar and leverage flexible features to fit the needs of their business. Besides consumers can now pay with minimal effort on their mobile devices, making transactions quicker and more expedient.

"We will not be complacent about our user base of 3 million. Our goal is to be the mobile wallet for all in Hong Kong. As we continue to expand the PayMe tribe, we are also building a critical mass of merchants to meet the diverse consumption needs of our users. AsiaPay is a premier digital payment service provider in the region. The partnership will support PayMe's mission to promote electronic payment in Hong Kong as part of its long-term quest to be a leading smart city in the region," said Brad Jones, Head of PayMe, HSBC.

Moreover, empowered by AsiaPay PayDollar's leading data analytics platform, merchants can also access real-time PayMe transaction reports digitally via the AsiaPay PayDollar Merchant Portal and process instant refunds with a few buttons. This enables merchants to enhance operational efficiency in cash management and reconciliation, as well as further simplify customer experiences.

"We are very honored to partner with PayMe by HSBC, further enhancing our user experiences through innovative technology", said Mr. Joseph Chan, CEO of AsiaPay. "As your trusted premier digital payment service provider in Asia, we offer payment methods that are commonly used by customers in the region. PayDollar is a secure online shopping payment platform that is carefully built by AsiaPay and has more than 23 years of high-quality market reputation, and its security and trading volume are in the leading position in the industry, furthermore, this partnership is indeed a key milestone as we continue to offer additional payment acceptance to our merchants." added by Joseph Chan.

About AsiaPay

Founded in 2000, AsiaPay is a premier digital payment services, and technology player that strives to bring advanced, secure, integrated, and cost-effective digital payment processing solutions and services to banks, corporations, and e-Businesses around the world. We cover a suite of international credit cards, debit cards, prepaid cards, net banking, eWallet, QR codes, and cash collection.

AsiaPay is also an accredited payment processor and payment gateway solution for banks with ISO certification and 3-D Secure vendors for Visa, MasterCard, American Express, and JCB. AsiaPay offers a variety of award-winning payment solutions that are multi-currency, multi-lingual, multi-card, and multi-channel integrated together with the advanced fraud detection system, payment analytics, and management solutions.

Headquartered in Hong Kong, AsiaPay has local offices across 11 countries in Asia including Australia, New Zealand, Thailand, Philippines, Singapore, Malaysia, Mainland China, Taiwan, Vietnam, Indonesia, and India. In this way, support is given to facilitate better-localized services for our partners.

About The Hongkong and Shanghai Banking Corporation Limited

The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. HSBC serves customers worldwide from offices in 62 countries and territories. With assets of US$2,990bn at 31 March 2023, HSBC is one of the world's largest banking and financial services organisations.

PayMe SVF License Number: SVFB002