(28 November 2024 – Hong Kong) HSBC has launched its new “Smart Transact” platform for managing domestic and international business payments.
The new single platform enables CFOs, treasurers and business owners to manage transactions and access current account, domestic and cross-border payment capability alongside the HSBCnet global banking platform.
Smart Transact has been released in India, the UK, the US, Hong Kong, Singapore, Australia, Ireland, Netherlands and France with plans to add China, the UAE and Germany in the next month. The platform can be expanded as needed to add services like corporate cards and savings accounts.
“HSBC Smart Transact is a significant step forward in simplifying payment processes for ambitious clients that are keen to pursue international growth. Clients can benefit from a more simplified, efficient and flexible payments service combined with local market solutions, all delivered through a single platform” commented HSBC Head of Global Payment Solutions, Manish Kohli.