livi Launches QR Payments Accepted at Over 29 Million Merchants in China
by Fintech News Hong Kong January 17, 2023Hong Kong’s livi bank has launched its QR payment feature for the Mainland market, allowing its customers to make cross-border payments there as well as other popular travel destinations such as Japan, South Korea and Thailand.
In mainland China, livi enables customers to make QR payments through its app at over 29 million QR-code enabled merchants.
livi QR Payment seamlessly integrates with UnionPay’s payment and merchant network where payments are automatically settled in Hong Kong Dollars (HKD).
According to livi, customers will not need to pay extra for handling fees or currency exchange.
Enabled by UnionPay, livi QR Payment is widely accepted in mainland China, Macau, and the Asia Pacific.
Carol Hung
“With the easing of border restrictions, our customers are keen on going to the Mainland to visit their families and friends, conduct their business or go on an adventure. livi QR Payment is simple, fast and seamless – customers can simply present or scan their QR code to complete the payment.
livi QR Payment addresses customer concerns about handling fees and the trouble of managing cross-border payments on multiple platforms or e-wallets. We are delighted to introduce another secure payment experience together with UnionPay as we advance our payment offerings.”
said Carol Hung, Chief Product Officer of livi.
