HONG KONG, CHINA - Media OutReach - 29 July 2019 – Citigroup Inc. (NYSE: C)
Citi Hong
Kong today announced the launch 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 while
earning Points at the same time. The
types of payment Citi PayAll covers include monthly rental, monthly carpark
fees, residential property management fees, and tuition fees. 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[1]
will be reflected in the credit card statement.
Lawrence Li, Head of Cards and Unsecured Lending at Citibank Hong Kong,
said, “At Citi, we
are constantly looking for further enhancements to deliver a remarkable client
experience by leveraging our technology, based on our understanding of client spending
behaviors and needs. 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[2]
in a year with successful HK$50,000[3]
monthly scheduled payment.
For further information, please visit Citibank.hk/payall.
[1] A service fee per each scheduled payment may be applied.
[2] The calculation is based on the assumption that all transactions are made
with Citi PremierMiles Card, cardholders of Citi PremierMiles Card will be
awarded 12 Points per HK$8 local transaction posted.
[3]
There is a
monthly cap of HK$50,000 and a maximum of 10 Citi PayAll transactions within a
month across all categories. Clients are only allowed to make a maximum of 2
Citi PayAll transactions to the same beneficiary within one month.
Citi,
the leading global bank, has approximately 200 million customer accounts and
does business in more than 160 countries and jurisdictions. Citi provides
consumers, corporations, governments and institutions with a broad range of
financial products and services, including consumer banking and credit,
corporate and investment banking, securities brokerage, transaction services,
and wealth management.
Additional information
may be found at www.citigroup.com | Twitter: @Citi | YouTube:
www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook:
www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
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