The e-payment mobile app by HSBC, launched the commercial version “PayMe For Business”, and partnered with HSBC’s 15 commercial businesses to test the app. Merchants only need to use application to enter the price of goods, and individual users scan their payment code to complete the payment.
“ for Business” can be installed for free. After the official launch in the future, merchants can open a commercial account by simply downloading “ for Business” and completing the registration and verification. Commercial accounts do not have a transfer limit and have a 90-day refund feature.
In the first three months, if the merchants successfully installed and completed registration, the transaction fee will be waived during the period. After the promotion period, the merchants must pay 1.5% of the transaction amount for each transaction.