HSBC Malaysia launches multi-currency digital wallet for SMEs

"Global Wallet simplifies payment processes so that SMEs can grow their business internationally, be able to transact with their suppliers and clients around the world seamlessly and have better control over payment flows which is critical for efficient cash flow management," said HSBC Malaysia head of global liquidity and cash management Shayan Hazir.

KUALA LUMPUR: HSBC Malaysia has launched the country's first multi-currency digital wallet that enables small-and-medium enterprises (SME) to make international transactions from one single global account.

In a statement, the bank said the HSBC Global Wallet is fully integrated within its existing business banking platform, HSBCnet.