HSBC enables Apple Pay for Singapore cardholders
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Customers can enjoy $5 off every transaction as a kick off promo. HSBC Singapore is treating its HSBC Visa and MasterCard credit cardholders with Apple Pay.
Customers using iPhone SE, iPhone 6 to higher versions, and Apple Watch can use Apple Pay in stores with Visa payWave or MasterCard contactless payment terminals in Singapore and overseas.
As a kick off treat, HSBC customers will be given $5 off for every Apple Pay transaction with their HSBC credit cards, with a minimum spend of $10 per transaction. This promo will be on until January 15 next year.
Commenting on the launch, HSBC Singapore head of retail banking and wealth management Anurag Mathur said going digital is part of the banks strategy as technology and mobility are changing how our customers do banking.
“Our findings show that awareness of contactless mobile payment is high amongst Singapore consumers (about 89%) and over half indicated interest to try this new payment method. We believe the security, privacy and convenience Apple Pay brings will appeal to all our customers, especially those who are also active users of our digital banking services,” he said.
Questions & Answers
Q.Which HSBC customers are eligible to use Apple Pay with their cards?
Which HSBC customers are eligible to use Apple Pay with their cards?
HSBC Visa and MasterCard credit cardholders in Singapore are eligible to use Apple Pay. This service is available for customers using specific iPhone models and Apple Watch devices.
Q.What is the offer for customers using Apple Pay with their HSBC cards?
What is the offer for customers using Apple Pay with their HSBC cards?
Customers receive $5 off each Apple Pay transaction made with their HSBC credit card. A minimum spend of $10 per transaction is required to qualify for this discount.
Q.How long will the kick-off promotion for Apple Pay last?
How long will the kick-off promotion for Apple Pay last?
The $5 off promotion for Apple Pay transactions will run until January 15 next year. Customers should ensure they meet the minimum spend requirement for each transaction.
Q.Why has HSBC Singapore decided to introduce Apple Pay?
Why has HSBC Singapore decided to introduce Apple Pay?
HSBC Singapore stated that going digital aligns with its strategy, recognising that technology and mobility are transforming banking. They also noted high consumer awareness and interest in contactless mobile payments.
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