(28 May 2024 – United Arab Emirates) HSBC has launched Omni Collect, its eCommerce digital payment solution, in the UAE in partnership with Saudi fintech Geidea.
The Omni Collect platform supports HSBC corporate clients digital payments linked to transactions through multiple payment channels, such as credit cards, debit cards, Apple Pay, Samsung Pay and other eWallets.
The integration will gives clients access to a card receivables solution, enabling them to develop a deeper understanding of their collections data. Omni Collect is available in Australia, mainland China, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, South Korea, Thailand, Vietnam and Britain.
“Omni Collect will help businesses in the UAE by offering them a simple way to collect payments faster, analyse customer payments behaviour and spot trends to make informed business decisions. Our strategy is to digitise the bank at scale, so that we can innovate faster for customers, and our partnership with Geidea is important in advancing this transformation agenda” stated HSBC MENAT Regional Head of Global Payment Solutions, Kyle Boag.