Starting today, Octopus Wallet holders can use the Octopus App to pay in Hong Kong dollars at any store displaying the “PayPay” logo while travelling in Japan, eliminating the hassle of physically exchanging foreign currency while enjoying zero handling fees and favourable exchange rates.

The SCALE platform uses API technology to support real-time bulk cross-border currency exchange, helping enterprises manage their foreign exchange risk exposure, effectively reducing the cost of cross-border transactions and foreign exchange volatility risk, and enhancing the efficiency of cross-border transactions.

John Thang, Head of Markets and Strategic Client Management & Solutions, Hong Kong, Greater China & North Asia, Standard Chartered, said: “Standard Chartered has always been committed to meeting the cross-currency liquidity and risk management needs of all our clients, facilitating efficient cross-border payments and settlements. We continuously invest in innovative technologies to enhance our platforms, leading the market in establishing next-generation financial infrastructure. We look forward to having more collaborations with our clients and supporting more Hong Kong enterprises expanding overseas.”