HSBC Bank and Hong Kong mobile operators launch NFC wallet

HSBC Bank and Hong Kong mobile operators launch NFC walletHong Kong banks one after another announced its intention to launch NFC-mobile wallets next year. HSBC HK plans to launch such a project in partnership with the right four mobile operators.

Customers of the bank will be able to issue virtual cards HSBC MasterCard, using the mobile application on android smartphones that support contactless payments. The element of security that will be recorded payment application, in this case, there will be a special SIM card. Mobile operators – HKT, CSL, SmarTone Telecommunications Holdings, and China Mobile Hong Kong promise to replace them for free.

The mobile wallets will allow HSBC customers to pay contactless for purchases of up to 500 or 1,000 Hong Kong dollars ($ 65 or $ 129, respectively). Earlier plans to launch mobile wallets announced Bank of China Hong Kong and Bank of East Asia.

Terms: Hong Kong, HSBC, mobile banking
Category: News