{"id":119797,"date":"2026-09-08T06:59:14","date_gmt":"2026-09-08T06:59:14","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/119797\/"},"modified":"2026-09-08T06:59:14","modified_gmt":"2026-09-08T06:59:14","slug":"hsbc-boosts-digital-transformation-in-collaboration-with-tap-payments","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/119797\/","title":{"rendered":"HSBC boosts Digital Transformation in collaboration with Tap Payments"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><a href=\"https:\/\/intlbm.com\/2026\/08\/10\/hsbc-private-bank-elects-feras-al-jaramani-to-power-uae-market\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">HSBC Kuwait<\/a> has announced the launch of a new merchant acquiring proposition for its corporate clients, delivered through a strategic partnership with Tap Payments, a fintech founded in Kuwait and a licensed payment service provider.<\/p>\n<p class=\"wp-block-paragraph\">Through this collaboration, <a href=\"https:\/\/intlbm.com\/2026\/08\/03\/emirates-nbd-to-acquire-hsbc-egypt-retail-banking-business\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">HSBC clients<\/a> can accept card payments using Tap Payments\u2019 payment infrastructure, while benefiting from a more efficient collections experience, improved receivables visibility, consolidated reporting, and simplified settlement.<\/p>\n<p class=\"wp-block-paragraph\">Industry sources added that this partnership expands the payment collection options available to HSBC clients and supports businesses across Kuwait in their digital transformation journeys by reducing reliance on cash and cheque-based collections.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"887\" height=\"444\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/09\/HSBC-Kuwait-and-Tap-Payments-Logo.-Image-Courtesy-Official-Websites.png\" alt=\"HSBC Kuwait and Tap Payments Logo. Image Courtesy-Official Websites\" class=\"wp-image-72721\"  \/>HSBC Kuwait and Tap Payments Logo. Image Courtesy-Official Websites<\/p>\n<p class=\"wp-block-paragraph\">Commenting on the partnership, Ahmed Al Murad, Chief Executive Officer, Kuwait, HSBC Bank\u00a0Middle East Limited, said: \u201cKuwait\u2019s growing digital economy is creating strong opportunities for businesses to streamline their operations. By bringing together <a href=\"https:\/\/intlbm.com\/2024\/12\/06\/hsbc-announces-completion-of-its-next-stage-of-global-restructuring-plans\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">HSBC\u2019s<\/a> global expertise and Tap Payments\u2019 local fintech strengths, we\u2019re helping companies improve efficiency with simpler collections, better reporting and stronger receivables management.\u201d\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Kyle Boag, HSBC Regional Head of Global Payments Solutions, said:\u00a0\u201cThis partnership reflects our commitment to helping businesses embrace digital transformation through innovative solutions that simplify financial operations and enhance efficiency. Together with Tap Payments, we are providing organizations with greater visibility, control, and flexibility in managing their collections and receivables.\u201d<\/p>\n<p>Anwar Marafi, Tap Payments Group Head, Business &amp; Financial Institutions, said:\u00a0\u201cBusinesses in Kuwait want to modernise how they collect and manage payments without adding complexity to their operations. By combining HSBC\u2019s global banking expertise with Tap Payments\u2019 local payments infrastructure, this partnership gives businesses a simpler way to accept card payments, improve visibility across collections, and manage receivables more effectively. It reflects our shared commitment to helping businesses grow through payment products built for the Kuwait market.\u201d The partnership underscores HSBC\u2019s commitment to supporting businesses across Kuwait with innovative digital solutions that enable growth, improve operational efficiency, and support the country\u2019s broader <a href=\"https:\/\/intlbm.com\/2026\/07\/29\/du-launches-sme-playbook-with-huawei-to-boost-digital-transformation\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">digital transformation<\/a> agenda.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Industry sources added that in addition to enabling card acceptance, the solution strengthens receivables management by providing greater transparency and control over collections. Clients can view detailed transaction data across multiple collection channels in a single interface, making reconciliation easier and enabling better-informed decision-making. Designed for straightforward adoption, the proposition integrates seamlessly with clients\u2019 existing business channels and information systems, eliminating the need for significant investments in new software, infrastructure, or operational processes.<\/p>\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/hsbc-kuwait-partners-with-tap-payments-to-simplify-payment-acceptance-and-accelerate-digital-transformation-for-businesses-480333\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"HSBC Kuwait has announced the launch of a new merchant acquiring proposition for its corporate clients, delivered through&hellip;\n","protected":false},"author":2,"featured_media":119798,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20667],"tags":[1278,9881,48692,48693,2929,48694],"class_list":["post-119797","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hsbc","tag-digital-transformation","tag-hsbc","tag-hsbc-kuwait","tag-intlbm","tag-kuwait","tag-tap-payments"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117234130494429120","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/119797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=119797"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/119797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/119798"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=119797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=119797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=119797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}