# HSBC Hong Kong (PayMe + HSBC HK App)

> Source: https://docs.barcoder.ai/docs/wallets/hsbc-hong-kong
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [HSBC HK — official](https://www.hsbc.com.hk/)

## Key details

- **Parent:** assets

## Overview

**HSBC Hong Kong (PayMe + HSBC HK App)** is **HSBC Holdings plc LSE: HSBA + SEHK: 5 + NYSE: HSBC** + **HSBC's original Hong Kong founding entity since 1865** + **Hong Kong's largest commercial bank by assets** + **~3M+ PayMe customers + HSBC HK App** <sup>[1][1], [Hong Kong report](https://docs.barcoder.ai/docs/payments/HK)</sup>.

## History

**1865 — The Hongkong and Shanghai Banking Corporation founded by Thomas Sutherland in Hong Kong** distinctive Hong Kong banking heritage as Hong Kong's original commercial bank.

**1991 — HSBC Holdings plc UK reorganisation + HKMA Hong Kong Monetary Authority designates HSBC as one of three Hong Kong note-issuing banks**.

**2017 — PayMe by HSBC launch as Hong Kong P2P mobile wallet**.

**2018 — Hong Kong FPS Faster Payment System launch + HSBC HK App + PayMe integration**.

**2024 — PayMe crosses 3M+ customer milestone**.

## Ownership & operator

**Operating entity**: **The Hongkong and Shanghai Banking Corporation Limited HSBC HK** (HSBC's original Hong Kong founding entity; Hong Kong's largest commercial bank by assets).

**Major shareholders**: **HSBC Holdings plc (LSE: HSBA + SEHK: 5 + NYSE: HSBC; UK-headquartered global banking group; ~40M+ retail customers across 60+ countries) fully owned**.

**Regulators**: **HKMA + SFC**.

## Technical integration

PayMe by HSBC mobile app (iOS + Android; ~3M+ customers) + HSBC HK App mobile (iOS + Android) + hsbc.com.hk online + HSBC HK branch network across Hong Kong + HSBC HK Visa + Mastercard + UnionPay cards; FPS HK (Hong Kong Faster Payment System) + HK IBAN + EFPS QR (Hong Kong Easy Faster Payment System QR).

## Implementations & partners

**HSBC parent**: [HSBC UK Mobile Banking + First Direct](https://docs.barcoder.ai/docs/wallets/hsbc-uk) (HSBC UK; LSE: HSBA + SEHK: 5 + NYSE: HSBC; UK-headquartered global banking group; ~40M+ retail customers across 60+ countries).

**Major Hong Kong banking + payments competitors**: [Hang Seng Bank (HSBC subsidiary; post-Jan 2026 privatisation)](https://docs.barcoder.ai/docs/wallets/hang-seng-bank) (Hang Seng Bank Hong Kong; HSBC HK ~62.14% subsidiary; SEHK: 11; Hong Kong's #2 commercial bank by assets) + [BEA Bank of East Asia](https://docs.barcoder.ai/docs/wallets/bea-hong-kong) (BEA Bank of East Asia; SEHK: 23; Hong Kong's largest independent commercial bank) + [BoC Pay (Bank of China Hong Kong)](https://docs.barcoder.ai/docs/wallets/boc-pay-hk) (BoC Pay Hong Kong; Bank of China HK; SEHK: 2388; Hong Kong's third note-issuing bank) + [Standard Chartered Hong Kong](https://docs.barcoder.ai/docs/wallets/standard-chartered-hk) (Standard Chartered Hong Kong; LSE: STAN + SEHK: 2888; Hong Kong's third note-issuing bank + emerging markets focus) + [Citibank Hong Kong](https://docs.barcoder.ai/docs/wallets/citibank-hk) (Citibank Hong Kong; Citigroup NYSE: C subsidiary) + [DBS Hong Kong](https://docs.barcoder.ai/docs/wallets/dbs-hk) (DBS Hong Kong; DBS Bank Singapore subsidiary) + [Mox Bank](https://docs.barcoder.ai/docs/wallets/mox-bank) (Mox Bank Hong Kong; Standard Chartered + HKT + PCCW + Trip.com JV digital bank) + China CITIC Bank International (China CITIC Bank International CNCBI Hong Kong) + [AlipayHK](https://docs.barcoder.ai/docs/wallets/alipayhk) (AlipayHK; Ant Group Hong Kong mobile wallet) + [WeChat Pay HK](https://docs.barcoder.ai/docs/wallets/wechat-pay-hk) (WeChat Pay HK; Tencent Hong Kong mobile wallet) + TapPay (TapPay Hong Kong mobile wallet).

**Regulators**: HKMA + SFC.

## Status

**Active, HSBC Holdings plc LSE:HSBA + SEHK:5 + NYSE:HSBC + HSBC's original Hong Kong founding entity since 1865 + Hong Kong's largest commercial bank by assets + ~3M+ PayMe customers + HSBC HK App** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.hsbc.com.hk/ "HSBC HK — official"
[2]: https://en.wikipedia.org/wiki/HSBC_Hong_Kong "HSBC Hong Kong — Wikipedia"
[hk-cro]: https://docs.barcoder.ai/docs/payments/HK

- [1] [HSBC HK — official][1]
- [2] [HSBC Hong Kong — Wikipedia][2]
- <sup>[Hong Kong report](https://docs.barcoder.ai/docs/payments/HK)</sup> In-corpus: `reports/countries/HK-hong-kong.md`

## Source

Biography extracted from [hsbc-hong-kong.md](https://docs.barcoder.ai/source/wallets/hsbc-hong-kong). See `matrix.md` for standards-support matrix if present.