Citi Hong Kong launches payment settlement feature Citi PayAll
Credit cardholders can settle one-off or recurring payments on the app whilst earning points.
Citi Hong Kong launched of Citi PayAll, a first-of-its-kind payment solution that enables Citibank credit cardholders to settle one-off or recurring payments on the Citi Mobile App using their credit card whilst earning points at the same time, an announcement revealed.
The types of payment Citi PayAll covers include monthly rental, monthly carpark fees, residential property management fees, and tuition fees. According to the bank, clients no longer need to settle these transactions using cash, checks or autopay, giving them more autonomy and flexibility in payment options.
Citi PayAll is available to every Citi cardholder and can be activated instantly in a few simple steps via the Citi Mobile App. Upon logging into the Citi Mobile App and going to the “Payment” page, clients only need to choose between “single payment” or “recurring payments” for up to two years; provide the necessary payment details such as recipient’s name, bank account number, and the amount to be settled; and finally select the credit card to be used to settle the payment.
"Clients will receive a payment alert when the transaction is debited from their credit card and the full transaction amount including any applicable fees will be reflected in the credit card statement," Citi added.
Lawrence Li, head of Cards and Unsecured Lending at Citibank Hong Kong, said, “With the launch of Citi PayAll, we not only give our clients an alternative means to make their payments easily and smartly through our mobile app, but also offer them more value on their regular spending.”
From now on with Citi PayAll, Citi cardholders can earn up to 900,000 points in a year with successful $50,000 monthly scheduled payment.