PayMe app tests faster top ups

Business | 29 Jul 2019 2:20 pm

The Hongkong and Shanghai Banking Corporation's PayMe app beta test program will run for about three weeks, allowing customers to top up PayMe through the Faster Payment System from 10 banks excluding the Standard Chartered Bank Hong Kong.

Meanwhile, users could instantly transfer funds to accountes with other banks and digital wallets.

The maximum top-up amount per month for PayMe through credit cards will be cut from HK$5,000 to HK$2,000. It will be implemented one month after the launch of official PayMe app.

The new interface features a new quick tap menu that provides quick access to the most-used features, such as pay, request, top up, and transfer to bank. Users can also make instant transfers from PayMe to their friends and family via FPS, no matter which local banks or digital wallets they use. The transfers are free of charge and will only require the FPS registered mobile number or email address of the receiver.

Stephan Levieux, chief operating officer, said there are about 3,000 merchants using payments via PayMe, and 1.6 million people have used the services.

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