HSBC Launches New Smart Transact Solution to Support Businesses With International Growth Ambitions

HSBC has launched Smart Transact, an innovative and adaptable one-stop payments management solution, designed to equip ambitious businesses with the capabilities they require for international growth.

Businesses can manage their transactions through a simplified, streamlined and flexible payments service delivered through a single platform, and access a comprehensive suite of HSBC services which provide the core capabilities they require to grow internationally – a current account, domestic and cross border payment capability and HSBCnet.

HSBC Smart Transact provides a highly adaptable solution for businesses at any stage of their growth – clients can add additional services as their business needs evolve, such as corporate cards and savings accounts, which can be selected as options to suit specific client requirements. In addition, clients can seamlessly integrate HSBC’s tools and services into their own systems, and access real-time payments tracking and benefit from mobile authentication and security.

Manish Kohli, Head of Global Payments Solutions at HSBC, said: “HSBC Smart Transact is a significant step forward in simplifying payment processes for ambitious clients that are keen to pursue international growth. Clients can benefit from a more simplified, efficient, and flexible payments service combined with local market solutions, all delivered through a single platform.”

HSBC Smart Transact is currently available in India, UK, US, Hong Kong, Singapore, Australia, Ireland, Netherlands and France, with plans to launch in China, the UAE and Germany by the end of the year.