HSBC Malaysia has introduced the country’s first multi-currency digital wallet that allows small and medium enterprises (SMEs) to make and receive international payments safely and securely from a single global account. The HSBC Global Wallet is fully integrated within the bank’s existing business banking platform, called HSBCnet. The newly launched Global Wallet enables SMEs to securely and seamlessly transact with their clients and suppliers across the world in 10 different currencies, including the US dollar, Singapore dollar, Japanese yen, Euro, and Renminbi, among others. It will simplify the payment processes of Malaysian SMEs and facilitate the growth of their businesses internationally while ensuring efficient cash flow management.
