Hong Leong Bank taps UnionPay to unlock payments at 120mil China merchants
KUALA LUMPUR: Hong Leong Bank Bhd (HLB) has partnered with UnionPay International (UPI) to expand cross-border payment options for customers who are travelling, shopping and conducting business overseas.
Hong Leong Bank (HLB) has formed a partnership with UnionPay International (UPI) to enhance cross-border payment options for its customers. This collaboration enables HLB customers to make payments at over 120 million merchants across China, as well as participating merchants in Hong Kong, Macao, and Thailand, through HLB QR Pay on the HLB Connect mobile banking app.
The service is integrated with UPI's network and Weixin Pay, allowing customers to pay directly through their banking app without the need for third-party applications or separate digital wallets. HLB group CEO Kevin Lam highlighted that this partnership would provide customers with greater confidence when making overseas payments, maintaining family ties, and pursuing business opportunities beyond Malaysia.
UPI vice-president Carlson Li emphasized that the collaboration would connect different payment systems, making cross-border transactions more convenient while supporting commerce between markets.
Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
