hsbc-and-7eleven-tie-up-in-macau

HSBC and 7-Eleven tie up in Macau

HSBC signs up its first client for a new cash bill payment service launched by the global bank and 7-Eleven in Macau.
September 16, 2008
HSBC credit card services has signed up to offer customers a 24-hourseven days-a-week cash bill payment service in Macau. The new service will allow HSBC credit card holders to pay their bills at 32 7-Eleven outlets in Macau, by presenting a new credit card bill with barcodes.

HSBC and 7-Eleven launched a payment partnership in the fourth quarter last year, but the bank's credit card division is the first pilot client to sign up for the service.

The bank says the service will offer consumers a more convenient way of settling their bills. The reconciliation process for merchants will be further streamlined through automation of data capture and online consolidation reporting, it says.

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