PayMe

Developer(s)| HSBC
Initial release| 8 February 2017; 9 years ago (2017-02-08)
Operating system| iOS, Android
Available in| English, Simplified Chinese, Traditional Chinese
Type| Mobile payment
Website| payme.hsbc.com.hk

PayMe (officially known as PayMe from HSBC) is a mobile payment service from HSBC, currently available only for Hong Kong users with local phone numbers and banks. Users can pay businesses, transfer money to one another using a mobile app, linked to their credit card or (any local) bank account.[1]

As of April 2026, the service had around 3.3 million active users.[2]

## Contents

* 1 History
* 2 Features
* 3 In popular culture
* 4 See also
* 5 References
* 6 External links

## History

On its launch on 8 February 2017, heavy traffic meant that some users were unable to register, leading to media dubbing the service "Play Me".[3][4] Topping up was only possible from a Visa or Mastercard credit card, with a limit of HK$10,000 per month.[3]

In April 2018, the app won the FinTech Grand Award in the official Hong Kong ICT Awards.[5][6]

From June 2018, users were able to link to a local bank account,[7] with monthly top-up limits raised to HK$30,000, or HK$50,000 with a verified residential address.[8][9] At the same time, PayMe launched an online shopping payment service, in collaboration with HKTVmall.[10]

In March 2019, PayMe started supporting person-to- merchant (P2M) payments with PayMe for Business,[11] which was built natively on Microsoft Azure.[12]

In July 2019, PayMe introduced the support of FPS (Faster Payment System) for transfer and top-up, along with a complete redesign of the app.[13] At the same time, PayMe lowered the top-up limit for credit cards to HK$2,000 per month.[14]

In May 2022, PayMe was selected to be one of the eligible electronic platforms for the consumption voucher scheme.[15]

In April 2026, HSBC has been awarded Hong Kong’s first stablecoin issuer licences by Hong Kong Monetary Authority. HSBC will launch its Hong Kong dollar stablecoin in the second half of 2026, integrating it into PayMe and its mobile banking platforms.[16]

## Features

PayMe was introduced as a standalone mobile app, offering P2P social payment.[17] Users register via a Facebook account or Hong Kong mobile phone number and authorise access to a credit card or local bank account (not necessarily an HSBC account), from which the balance can be topped up, and a bank account to receive money.[citation needed]

There are no transaction fees.[citation needed]

When the PayMe account balance is too low to make a given transaction, the app automatically withdraws the necessary funds from the registered bank account or card.[18]

The social networking interaction component allows users to send and request money and split bills with others, similarly to Venmo in the United States.[19] When the user makes a transaction, the details are posted on the social timeline, and available for other users to see, subject to privacy settings. On 12 March 2025, it was announced that this feature would be removed on 13 April 2025, following reports that the Office of the Privacy Commissioner for Personal Data was investigating PayMe, primarily concerning the risk of personal data (such as transaction records) being exposed due to default settings for early users.[20]

The app encourages users to add friends, by searching for available contacts in the app. If a user makes a transaction to a non-PayMe user, a sharable payment link is created that can be distributed through social media such as WhatsApp.[21] When the user opens the link, they can choose to collect the money by inputting their bank account, or receive it by creating a new PayMe account.[1]

## In popular culture

PayMe is referenced in the 2021 movie All U Need Is Love, where - at around the 30 minutes mark - the character played by Julian Cheung asks another hotel guest to pay him "Lai see" (red packet money) to join the triad, only to be asked in return if he takes PayMe instead.[citation needed]

## See also

* Paym
* AlipayHK
* WeChat Pay
* Octopus card
* TNG Wallet (zh)
* Tap & Go (zh)

## References

1. ↑ 1.0 1.1 "Fund transfers made easy as HSBC rolls out P2P app" (in en-US). The Standard. http://www.thestandard.com.hk/section-news.php?id=179398.
2. ↑ "Spend more, earn more: PayMe by HSBC introduces new rebate programme" (in en-gb). HSBC. https://www.about.hsbc.com.hk/news-and-media/spend-more-earn-more-payme-by-hsbc-introduces-new-rebate-programme.
3. ↑ 3.0 3.1 "Pay me? Play me!" (in en-US). EJ Insight. 2017-02-09. http://www.ejinsight.com/20170209-pay-me-play-me/.
4. ↑ "HSBC's social payment app faces launch troubles" (in en-US). Marketing Interactive. http://www.marketing-interactive.com/hsbcs-social-payment-apps-server-went-first-day/.
5. ↑ "Payments app takes two prizes | News and insight | HSBC Holdings plc" (in en). HSBC.com. https://www.hsbc.com/news-and-insight/insight-archive/2018/payments-app-takes-two-prizes.
6. ↑ "Local ICT achievements commended at Hong Kong ICT Awards 2018 (with photos)". https://www.info.gov.hk/gia/general/201804/04/P2018040400633.htm.
7. ↑ "You can now top up your PayMe up to HKD30,000!". https://payme.notey.com/post/20687483/you-can-now-top-up-your-payme-up-to-hkd30-000.html.
8. ↑ "HSBC strikes back in mobile payment war, lifts PayMe top-up to HK$50K" (in en). South China Morning Post. https://www.scmp.com/business/banking-finance/article/2151389/hsbc-strikes-back-mobile-payment-war-lifts-payme-limit.
9. ↑ "HSBC e-payment app raises top-up limit to HK$50,000" (in en-US). The Standard. http://www.thestandard.com.hk/breaking-news.php?id=109120&sid=2.
10. ↑ "HSBC joins the fray for online payments with TV shopping service" (in en). South China Morning Post. https://www.scmp.com/business/companies/article/2152334/payme-app-comes-e-commerce-platform-hktvmall-hsbcs-first-foray.
11. ↑ "HSBC'S PAYME FOR BUSINESS APP READY FOR DOWNLOAD". 22 March 2019. https://www.about.hsbc.com.hk/-/media/hong-kong/en/news-and-media/190322-payme-for-business-app-launch-release-en.pdf.
12. ↑ Sannakkayala, Sudhakar (2019-07-18). "How HSBC built its PayMe for Business app on Microsoft Azure" (in en-US). https://azure.microsoft.com/en-us/blog/how-hsbc-built-its-payme-for-business-app-on-microsoft-azure/.
13. ↑ 區慶威 (2019-07-29). "PayMe加轉數快FPS功能 信用卡增值竟減至2000蚊【積分無著數】" (in zh-HK). https://www.hk01.com/數碼生活/357586/payme加轉數快fps功能-信用卡增值竟減至2000蚊-積分無著數.
14. ↑ Yuen, Simon (2019-07-30). "HSBC's PayMe app adds tools but reduces credit card top-up limit" (in en-US). https://www.marketing-interactive.com/hsbcs-payme-app-adds-tools-but-reduces-credit-card-top-up-limit/.
15. ↑ "消費券將新增PayMe及BoC Pay 並續使用現有4間支付商" (in Chinese). https://finance.mingpao.com/fin/instantf/20220501/1651372826231/消費券將新增payme及boc-pay-並續使用現有4間支付商（新增6大支付商回應）.
16. ↑ "Hong Kong awards stablecoin licences to HSBC, StanChart-led group in long-awaited roll-out" (in English). https://www.scmp.com/business/cryptocurrency/article/3349644/hong-kong-awards-stablecoin-licences-hsbc-stanchart-led-group-long-awaited-roll-out.
17. ↑ "HSBC to launch new mobile P2P payment platform in the 'next few days'" (in en). South China Morning Post. https://www.scmp.com/business/banking-finance/article/2021701/hsbc-launch-new-mobile-p2p-payment-platform-next-few-days.
18. ↑ "HSBC joins rush to launch peer payment app". China Daily Asia. https://www.chinadailyasia.com/hknews/2017-02/08/content_15568360.html.
19. ↑ "HSBC targets Hong Kong millennials with new social payment app" (in en-gb). FinTech Futures. https://www.bankingtech.com/2017/01/hsbc-targets-hong-kong-millennials-with-new-social-payment-app/.
20. ↑ "PayMe will stop the "Friends" dynamic feature next month, and transaction records will no longer be publicly displayed". 2026-03-12. https://longbridge.com/en/news/278799015.
21. ↑ "HSBC Introduces a social P2P payment app to Hong Kong". https://www.about.hsbc.com.hk/-/media/hong-kong/en/news-and-media/170209-hsbc-payme-press-release-eng.pdf.

## External links

* Official website

* v
* t
* e

Digital payment providers

Active|

* 2C2P
* Adyen
* Airtel Payments Bank
* Alipay
* Amazon Pay
* Ant Group
* Apple
* Card
* Pay
* Wallet
* Atlantic Money
* Bancomat Pay
* bKash
* BillDesk
* bit
* Bizum
* Blik
* Block
* Afterpay
* Square
* Boku, Inc.
* BPAY
* Bunq
* Carta Worldwide
* Cash App
* CDS Global
* Chase Paymentech
* WePay
* Circle
* Cred
* Dwolla
* Easypaisa
* Elavon
* EnStream
* Ensygnia
* EServGlobal
* Freecharge
* GCash
* Global Payments
* Google Pay
* Google Pay app
* Google Wallet
* iDEAL
* Ingenico
* Interac e-Transfer
* JazzCash
* Jumio
* KakaoPay
* Klarna
* Line Pay
* Maya
* Mir
* MobiKwik
* NTT Data Payment Services
* Mobile Suica
* MobilePay
* M-Pesa
* Mi-Pay
* MintChip
* MMQR
* Nagad
* NPCI
* IMPS
* UPI
* BHIM
* Naver Pay
* NEFT
* Nexi
* Nexgo
* Novalnet
* Nuvei
* Orange Money
* Osaifu-Keitai
* Passport
* PAX Technology
* Paya
* Payanywhere
* PayBox
* PayMate
* PayMe
* Paymentwall
* PayNow
* Payoneer
* PayPal
* Braintree
* Zettle
* Venmo
* Xoom
* PayPay
* PayPoint
* Paysafe
* Neteller
* Openbucks
* PaysafeCard
* Skrill
* Payzone
* Paytm
* PayU
* Paze
* Pepper
* PhonePe
* Pine Labs
* Pix
* POLi Payments
* QRIS
* Red Dot Payment
* Remita
* Revolut
* Samsung Pay
* Samsung Wallet
* Sarvatra Technologies
* Sezzle
* Shift4
* Shop Pay
* Skaleet
* Spice Money
* Stripe
* Swish
* Tata Neu
* Tencent
* Touch 'n Go eWallet
* TWINT
* UnionPay app
* Veem
* Verifi
* Verifone
* Versapay
* Vipps
* VugaPay
* Wave Money
* WebMoney
* WeChat Pay
* Wero
* WiPay
* Wizzit
* Worldline SA
* Worldpay, Inc.
* Yape
* YooMoney
* Zelle
* Zeta
* Ziina

Defunct|

* AirTag
* Bell ID
* Billpoint
* C2it
* Clinkle
* Flattr
* Fortumo
* Google Wallet (2011–2018)
* Kuapay
* Lemon Wallet
* LG Pay
* Merchant Customer Exchange
* Microsoft Pay
* Mozido
* PayDirect
* Paym
* Pingit
* Powa Technologies
* Qiwi
* Quahl
* Sage Pay
* Simpay
* Softcard
* Tez
* vcash
* Paydiant
* Ukash
* Wirecard
* Worldpay Group
* Zong

Remittance|

* CurrencyFair
* MoneyGram
* Nium
* OFX
* Remitly
* Rewire
* Ria Money Transfer
* Transfast
* TransferMate
* Travelex
* Western Union
* Wise
* WorldRemit
* XE

Related|

* Digital currency
* Digital wallet
* Mobile payment
* Payment service provider
* List of online payment service providers
* European Mobile Payment Systems Association

* Category

Template:HSBC Group

0.00

(0 votes)

Original source: https://en.wikipedia.org/wiki/PayMe. Read more

|

Retrieved from "https://handwiki.org/wiki/index.php?title=Software:PayMe&oldid=4377934"
*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template