HSBC e-payment app raises top-up limit to HK$50,000

Business | 19 Jun 2018 2:04 pm

Hongkong and Shanghai Banking Corporation announced that users of the e-payment app, PayMe, will be able to top up their e-wallet using their HSBC personal bank account starting later this week. The top-up limit will be HK$30,000 per month.

PayMe users can increase their monthly top-up limit to HK$50,000 by providing their Hong Kong residential address.

PayMe accepts top-ups through an HSBC personal bank account and any personal Hong Kong dollar Visa or MasterCard credit card, or a combination of both, the bank said.

For example, PayMe users can add a maximum of HK$30,000 to their e-wallet per month, with HK$25,000 from a HSBC bank account and HK$5,000 from a credit card.

Andrew Eldon, HSBC's head of digital, retail banking and wealth management for Hong Kong, said there are plans to extend the bank account top-up to cover non-HSBC bank accounts in Hong Kong.

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