hsbc-announces-macau-payment-partnership

HSBC announces Macau payment partnership

Consumers will be able to pay their bills at 7-Eleven outlets in Macau.

By Howard Winn

October 24, 2007

HSBC global payments and cash management has formed an alliance with 7-Eleven in Macau to offer a bill payments service through the convenience storeÆs more than 30 outlets. The mandate was agreed recently and the service is set to launch shortly, according to HSBC.

In addition to offering consumers a more convenient way of settling their bills, the agreement will also improve the efficiency of the receivables management processes of those merchants that bank with HSBC and choose to use this new service to collect payments from their retail customers.

HSBC plans to offer the service to insurance, utility and telecommunications companies and other bodies such as charitable institutions. HSBC Macau Credit Card Centre...

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