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HSBC Easy Pay

HSBC Easy Pay is getting a major upgrade to support Faster Payment System (FPS)

HSBC Easy Pay connects to FPS to make interbank transfers easier than ever. In addition to sending money to someone via their mobile number, FPS lets you send money to people or merchants via other Proxy IDs, such as their email address or FPS Identifier, or by scanning their QR code. You can also use these Proxy IDs to transfer larger amounts via 'Transfer' on the HSBC HK Mobile Banking app.

What is FPS?

FPS is a payment service platform that allows customers to make instant domestic payments to individuals and merchants in Hong Kong dollar or Renminbi via our online and mobile banking. It will be available 24/7, free of charge and covering participating local banks and financial institutes with Stored Value Facility (SVF) licenses. 

Traditionally, fund transfers require the payee’s bank account number, but FPS also supports payments via payee’s mobile number, email address or FPS Identifiers, as well as QR code scanning after the payee has registered.

Is FPS replacing Easy Pay or traditional transfer?

FPS is an enhancement of Easy Pay because you can send money to people even if they are not HSBC or Hang Seng Bank customers. In addition to sending money to someone via their mobile number, FPS lets you send money to people or merchants via other Proxy IDs, such as their email address or FPS Identifier, or by scanning their QR code. You can also use these Proxy IDs to transfer larger amounts via 'Move Money' on the Personal Internet Banking or 'Transfer' on the HSBC HK Mobile Banking app.

FPS and HSBC Easy Pay - Payee
FPS and HSBC Easy Pay Comparison - Payee
Payee
HSBC Easy Pay
FPS
Person
 
 
Merchant
   
FPS and HSBC Easy Pay - Payee
FPS and HSBC Easy Pay Comparison - Payee
Payee
Person
HSBC Easy Pay
 
FPS
 
Payee
Merchant
HSBC Easy Pay
 
FPS
 
FPS and HSBC Easy Pay - Currency
FPS and HSBC Easy Pay Comparison - Currency
Currency
Easy Pay
FPS
HKD
 
 
CNY
   
FPS and HSBC Easy Pay - Currency
FPS and HSBC Easy Pay Comparison - Currency
Currency
HKD
Easy Pay
 
FPS
 
Currency
CNY
Easy Pay
 
FPS
 
FPS and HSBC Easy Pay - Proxy ID
FPS and HSBC Easy Pay Comparison - Proxy ID
Proxy ID
Easy Pay
FPS
Registered Mobile Number
 
 
Registered Email Address
   
FPS Identifier
    
FPS and HSBC Easy Pay - Proxy ID
FPS and HSBC Easy Pay Comparison - Proxy ID
Proxy ID
Registered Mobile Number
Easy Pay
 
FPS
 
Proxy ID
Registered Email Address
Easy Pay
 
FPS
 
Proxy ID
FPS Identifier
Easy Pay
 
FPS
   
FPS and HSBC Easy Pay - Participant
FPS and HSBC Easy Pay Comparison - Participant
Participant
Easy Pay
FPS
HSBC and Hang Seng Bank
 
 
Participating banks and Stored Value Facilities (SVF) operators in Hong Kong
   
FPS and HSBC Easy Pay - Participant
FPS and HSBC Easy Pay Comparison - Participant
Participant
HSBC and Hang Seng Bank
Easy Pay
 
FPS
 
Participant
Participating banks and Stored Value Facilities (SVF) operators in Hong Kong
Easy Pay
 
FPS
 

HSBC HK Mobile Banking app 

Search "HSBC HK" and download the HSBC HK Mobile Banking app from the App Store or Google Play™ now