HLF FASTPAY is your new multi-currency e-wallet app that comes with a virtual Visa Prepaid Card

Hong Leong Finance (HLF) launches HLF FASTPAY, a multi-currency e-wallet app that comes with a virtual Visa Prepaid Card for you to enjoy more payment solutions safely and securely.

In collaboration with Nium, the global platform for modern money movement, HLF FASTPAY provides a seamless cross-border digital payment solution for small- and medium-sized enterprises (SMEs), corporates and consumers to manage and transfer funds in multiple currencies safely, quickly and cost-efficiently.

It is an all-in-one payment solution incorporating remittance service locally and internationally, currency exchange, as well as Visa card payment.

The multi-currency e-wallet can store more than 20 currencies, including Euros, US dollars and Japanese yen. You can enjoy the versatility and convenience of holding the currencies that you want and use them to pay in the currency of your choice. You can also enjoy favourable exchange rates for over 100 supported currencies including Malaysian ringgit and Korean won that are not part of the currency e-wallet.

Managing business payments

Similarly, corporate and SME customers can use HLF FASTPAY to pay to your suppliers or for company expenses locally and abroad.

The remittance function allows you to make fast transfers abroad at competitive rates, directly to the receiving party’s bank accounts. This makes it a more efficient and cost-effective option compared with traditional remittance methods.

Security features

HLF FASTPAY incorporates the latest security and digital encryption features to ensure customer funds are well-protected. The e-wallet offers settings that allow you to have direct spend management and control of their funds.

In cases of suspicious transactions, locking the card and blocking it from further use can be done directly via the mobile app, which is more convenient compared to the traditional process of reporting to customer service.