The bank is teaming up with Allinpay to enable people, customers or not, to connect to overseas payment rails.
Banks want to link domestic payments systems – but FX, regulations, and corporates' tech stacks are hurdles.
Why is HSBC’s corporate bank – not the consumer bank – launching digital payment services for merchants in Hong Kong?
Hong Kong’s biggest banks and payment companies are suddenly competing all over again for corporate and consumer business.