HSBC’s PayMe and Global Payments Inc. (NYSE: GPN), a worldwide provider of payment technology and software services, announced today a strategic collaboration that will see PayMe for Business integrated into Global Payments’ checkout solutions. The partnership is set to expand the merchant coverage of Hong Kong’s most popular social payment app, making payments simpler for both businesses and consumers in the city.
Merchants will be able to connect with more than 2.3 million PayMe users simply by adding PayMe for Business in their Electronic Cash Registers (ECR) system. A QR code will be generated automatically at checkout. Consumers only need to scan the QR code with their PayMe app and authenticate the payment, removing the hassle of handling cash.
Supported by Global Payments’ leading data analytics platform, merchants can also access real-time PayMe transaction reports digitally via the Global Payments 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.
Kerry Wong, Head of PayMe, HSBC, said: “We are thrilled to forge a new strategic partnership with Global Payments, which plays an important part in the merchant expansion plan of PayMe for Business. This also provides a convenient payment collection solution to Hong Kong businesses as they adapt to the accelerating trend of digital transformation. We will continue our commitment to make payments simper for merchants and consumers in both online and offline scenarios.”
“We are very excited to announce the collaboration with PayMe from HSBC to transform digital payments in Hong Kong. We have always been at the forefront of payment technology innovation and are committed to providing our merchants with distinctive payment solutions to satisfy the evolving needs of consumers in Hong Kong,” saidKonrad Chan, President, Asia Pacific of Global Payments.
Starting today, PayMe becomes a payment option at sandwich chain store Pret A Manger, Japanese café Panash Bakery & Café (applicable for dine-in at Café locations only), coffee shop Pause It, and pizza specialist Dough Bros. Pizza & Doughnuts branches across the city. More businesses using Global Payments’ payment services will be able to deploy PayMe for Business in the near future.
Re-disseminated by The Asian Banker