HSBC is set to take on rival Joint Electronic Teller Services (Jetco) by launching its own peer-to-peer mobile payment app for Hong Kong customers. The Payme app is open to customers from any bank, and allows them to send money to friends using the recipient's mobile phone number. Available to customers from any bank, the Payme app enables cash transfers to friends using just the recipient's mobile phone number. In a statement, JETCO said it was "pleased that we can now offer our clients an alternative way of paying their bills in Hong Kong".
HSBC is set to take on rival Joint Electronic Teller Services (Jetco) by launching its own peer-to-peer mobile payment app for Hong Kong customers. The Payme app is open to customers from any bank, and allows them to send money to friends using the recipient's mobile phone number. In a statement, JETCO said it was "pleased that we can now offer our clients an alternative way of paying their bills in Hong Kong".