Launched in 2017 by The Hongkong and Shanghai Banking Corporation Limited (HSBC), PayMe is a leading mobile payment service in Hong Kong. It was created to simplify peer-to-peer (P2P) transactions, allowing users to send and receive money using only a mobile number. The service has since expanded to include peer-to-merchant (P2M) payments through its "PayMe for Business" solution, enabling businesses of all sizes to accept digital payments. The platform is integrated with Hong Kong's Faster Payment System (FPS) and has become a key player in the city's shift towards a cashless society.