The HSBCnet Mobile service has been used to authorise US$500mn of payments in Asia since its launch at the end of last year.
HSBC’s e-commerce payment solution is designed to make it easy for corporate treasurers and senior managers to check account balances and statements, authorise payment instructions and receive payment alerts using smart-phones.
In addition to its Asia Pacific payment authorisations, the service has authorised over US$1.2bn payment globally since its launch in November 2011 – an average of US$67mn in transactions per week.
Diane Reyes, global head of payments and cash management at HSBC comments: “This is another example of how we’re making it easier for treasurers and finance directors to run their businesses. No other bank has HSBC’s mobile reach in the Asia Pacific region, so HSBCnet Mobile makes a real difference to how our customers do their jobs both in Asia and globally.”
HSBC’s global head of ecommerce for payments and cash management, Marcus Treacher, adds: “We believe we are the first bank to offer a corporate mobile solution in so many major markets – a simple, secure and action-orientated service to meet today’s changing business needs. The service is available on iPhone, Android and BlackBerry smart phones, and in 2012 we plan to expand the already robust suite of supported payment types.”
Last Updated April 20, 2012
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