About
PayMe is a Hong Kong stored-value wallet launched in 2017 by The Hongkong and Shanghai Banking Corporation (HSBC) under stored value facility licence SVFB002. Users top up the HKD balance from a personal bank account at HSBC or another bank, or from a Hong Kong-dollar Visa or Mastercard credit card, then pay friends, split bills and send laisee in the app. Shops are paid by scanning a PayCode QR, and payments to other banks and wallets run over Hong Kong's Faster Payment System. As of November 2024 HSBC reported 3.2 million users and over 100,000 merchant outlets, and a UnionPay virtual card added in 2024 lets the balance be spent abroad.
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