HSBC unveils new international payments app Zing in the UK

  • HSBC launches new international payments app Zing in the UK on January 3, 2024.
  • Zing is a free, multi-currency app and debit card for use in 200+ countries by expats, travelers, and investors.
  • App features include transparent fees, competitive rates, offline/online spending, and 24/7 customer support.
  • Users can hold money in wallets for up to 10 currencies with locked-in rates and use a multi-currency debit card with FX sweeping.
  • FX sweeping automatically converts currencies in other wallets for seamless transactions.
  • Zing allows users to send money across borders in 30+ currencies using local payment methods and Swift.
  • Authorized by the UK’s FCA as an e-money institution (EMI).
  • James Allan, CEO of Zing, emphasizes the app’s focus on quick, easy, and secure overseas money transactions, confident spending worldwide, and human customer service support.
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.