HSBC has launched a new digital payment solution to simplify international payments by Hong Kong-based SMEs across regional and global e-commerce platforms. Called HSBC Merchant Box, it enables receiving payments like a local transaction at real-time exchange rates, thereby supporting cross-border merchandise trade growth. Though HSBC Merchant Box is currently available only for select HSBC commercial customers via Business Internet Banking, it will be extended to all Hong Kong-based customers in the coming months. This new digital solution reduces the complexity of cash flow management for SMEs located in Hong Kong by giving them speed, visibility, and better control over their international receivables and payments.
FinTech’s Green Revolution: Nurturing Sustainable Practices Among Small Businesses
BY Triterras
- 09/04/24
Ashish Srivastava, our Triterras' Chief Commercial Officer shares in-depth with Intelligent Fin.Tech, a global technology intelligence platform which gathers the latest financial information, on how FinTech has emerged as a crucial catalyst, motivating and supporting small to medium enterprises on their path towards environmental responsibility through sustainable trade finance.