Going digital is part of HSBC's strategy as technology and mobility are changing how customers do banking. The customers will be given a discount for every Apple Pay transaction until Januar 15.

HSBC Singapore is treating its HSBC Visa and MasterCard credit cardholders with Apple Pay, according to a statement sent on Monday. Customers using iPhone SE, iPhone 6 to higher versions, and Apple Watch can use Apple Pay in stores with Visa payWave or MasterCard contactless payment terminals in Singapore and overseas.

As a kick off treat, HSBC customers will be given $5 off for every Apple Pay transaction with their HSBC credit cards, with a minimum spend of $10 per transaction. This promo will be on until January 15 next year.

«Our findings show that awareness of contactless mobile payment is high amongst Singapore consumers (89 percent) and over half indicated interest to try this new payment method. We believe the security, privacy and convenience Apple Pay brings will appeal to all our customers, especially those who are also active users of our digital banking services,» Anurag Mathur, HSBC Singapore head of retail banking and wealth management said.