i-Pay uses near field communication (NFC) technology to provide contactless payments. After plugging the i-Pay device into their phone and opening the BEA application, customers are set to be able to make payments with a tap at a reader of any MasterCard PayPass merchant. Moreover, customers are set to be able to use iPay to settle a number of transactions including grocery, food & beverage, fashion and beauty & personal care purchases.
i-Pay service is PIN-protected. Customers are set to be able to keep track of their spending using their mobile, with details of the latest 10 transactions available via the BEA app. i-Pay is compatible with Android/iOS phones and all mobile networks.
Bank of East Asia has over 130 branches in Hong Kong and 70 branches and commercial offices in mainland China. The bank provides retail and commercial banking services to its customers in Hong Kong, Greater China and overseas.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.