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HSBC Platinum Purchasing Mastercard®

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Provides you with an effective and powerful purchasing solution for re-engineering and streamlining corporate purchasing processes and enhances your competitive edge.

HSBC Platinum Purchasing Mastercard^®¹ helps to

✓ Make high volume and frequent business-to-business (B2B) transactions smoothly

✓ Simplify your purchasing operations with pre-set transaction and spending limits

✓ Lower processing costs by replacing multiple payments to vendors with a single payment to HSBC each month

✓ Reduce turnaround time to place orders and empower your staff to make purchases with vendors directly

Features and benefits

Powerful Authorization Control

MiVision – Card Application & Maintenance

HSBC MiVision will make it easier for your card administrators and cardholders to perform card maintenance requests and apply for new cards through an online platform, so that you can manage your corporate cards with greater peace of mind. It can also significantly reduce manual form filling when you need to perform any action.

Programme management:

New card applications / onboarding – individual or bulk request
View of card administrator and cardholder status
Amend card limits
Report lost / stolen cards
Request replacement cards
Statement viewing
Create custom reports

Transaction management:

View statement and download transaction details
Transactional data available for spending analysis

Smartdata – Card Transaction at a Glance

Smartdata is a proprietary platform provided by Mastercard®. It allows programme administrators and cardholders to review company and personal transactions any time. There are three functionalities.

Programme management:

Create and manage user profiles
Manage spending limits and merchant category code controls

Transaction management:

View card transactions and statements
Cost allocate transactions before export (optional)
Monitor compliance with policies
Upload receipts (optional)

Reporting:

3 years of transactional data available for card account analysis on supplier side
Create bespoke reports using more than 250 pieces of data
Export card transaction reports in Excel or CSV files

Mastercard contactless payment function

Simply tap your Mastercard with contactless payment function in thousands of stores in town, including supermarkets, convenience stores, restaurants and department stores, with Mastercard contactless payment terminals for secure, swift and convenient contactless payment without signature^, in addition to an array of spending benefits and rewards provided by HSBC Commercial Cards. For more details on HSBC Commercial Cards with contactless payment function, please contact our Customer Service Hotline on +852 2748 4343 for any assistance.

^ Your new card provides free use of Mastercard contactless payment function. You may use your card for contactless payment transactions, subject to transaction limits (including limit on each purchase and other limits) set by the Bank, Mastercard Worldwide or the merchant from time to time. For payment over the transaction limit or if contactless payment is unavailable, you may need to sign on the credit card sales slip in order to complete the transaction. Moreover, please make the first transaction by inserting your card into the card terminal to activate the Mastercard contactless payment function.

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Card-Not-Present (“CNP”) Credit Card Transaction Notification

With effect from 28 August 2016, the Bank will send cardholders a notification when a Card-Not-Present ("CNP") credit card transaction* is accepted. Please provide your cardholder’s mobile number and/or email address in advance to receive the notification, by completing the form (PDF, 76KB) and returning it by mail. Otherwise, future CNP credit card transactions of those cardholder(s) may be rejected.

* Card-Not-Present credit card transaction are those credit card transactions without original sales slips, including but without limitation, online purchase, telephone orders, fax orders and mail orders.

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Conditions of Use (DOC, 114KB)

Employer's Participation Agreement (DOC, 59KB)

Notice of amendments relating to The Corporate Card Programme – Employer’s Participation Agreement and Conditions of Use, Update on Corporate Credit Card Activation and Update of the Airport Limousine Service Terms and Conditions (PDF, 52KB)

Notice of amendments relating to The Hong Kong Country Conditions (Corporate Card Country Conditions) (PDF, 37KB)

Other supporting services

Useful Tools for converting to new HSBC Platinum Purchasing Mastercard

FAQ (Platinum Purchasing Mastercard) (PDF, 55KB)

Merchant Contact Information (PDF, 299KB)

Reminder: “To borrow or not to borrow? Borrow only if you can repay!”

Issued by the Hongkong and Shanghai Banking Corporation Limited ("HSBC") in Hong Kong. Platinum Purchasing Mastercards are available to customers with a company bank account with HSBC. Please contact your Relationship Manager or the Corporate Card hotline for further enquirers and to arrange for account opening.
With effect from 1 July 2020, the Corporate Liability Waiver Programme protection insurance is underwritten by AIG Insurance Hong Kong Limited, to which HSBC is the assured. Please note that there are some changes on the coverage limits. To obtain the details and the Terms and Conditions of the Corporate Liability Waiver Programme, please contact AIG Insurance Hong Kong Limited. Claims are subject to the applicable terms and conditions.
Subject to the detailed terms of the Cardholder Agreement.

HSBC has not authorised or appointed any intermediaries to conduct telesales marketing activities for promotion of commercial lending / commercial cards.