- 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.