Standard Chartered, Allinpay enable Singapore dollar QR payments in Hong Kong

Singapore dollar can now be used to pay in over 30,000 acceptance points in Hong Kong.

Standard Chartered and Allinpay have teamed up to enable Allinpay’s Hong Kong merchants to accept PayNow instant payments in Singapore dollar via QR code.

Through this, Singapore dollar can now be used to pay in Allinpay’s over 30,000 acceptance points in Hong Kong.

The SGD-HKD exchange rate is fetched real-time and displayed at the point-of-sale device upon checkout, according to a press release.

ALSO READ: StanChart taps ex-JP Morgan banker as new CIO for North Asia

“We are confident that this partnership will offer a real-time and seamless digital payment experience through Allinpay's integrated platform to truly meet our customers' needs for better cross-border payments, cost savings and mobile lifestyle,” said Tay Tiong Hean, general manager, Allinpay Merchants Services (Singapore).

This solution is made possible with Standard Chartered’s proprietary solutions including its omnichannel gateway “Straight2Bank Pay” and API-based FX pricing engine “SCALE”.

Also Read

Alipay+ and GHL enable cross-border payments in the Philippines

Visa launches Subscription Manager service

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

What is Lorem Ipsum?

What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Evergreen Group obtains financing license to expand in Malaysia