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Boarding a bus in Hong Kong without using the Octopus card requires giving exact change, making it cumbersome compared to using the Octopus card. By November 1998, 4.6 million cards had been issued, and rising to 9 million by January 2002. [5] In 2000, the Hong Kong Monetary Authority granted a deposit-taking company licence to the operator ...
PayMe was introduced as a standalone mobile app, offering P2P social payment. [14] Users register via a Facebook account or Hong Kong mobile phone number and authorise access to a credit card or local bank account (not necessarily an HSBC account), from which the balance can be topped up, and a bank account to receive money.
Electronic Payment Services (simplified Chinese: 易办事; traditional Chinese: 易辦事; pinyin: Yì bànshì), commonly known as EPS, is an electronic payment system based in Hong Kong, Macau, and with limited acceptance in Shenzhen since it began operations in 1985.
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In April 2017, they launched "Cross-Border" EMV Debit Card with Visa and Mastercard. [9] [10] Most ATMs owned by nationwide commercial banks still accept Maestro card. Also, certain ATMs will present the user with foreign language options upon insertion of a Maestro card. Hong Kong: Yes MasterCard Debit
The settlement time depends on the payment method chosen by the customer. (An exception being payments made using a card which stores the user's balance on the card itself, such as a Japanese Suica card or a Hong Kong Octopus card. These cards can transfer funds directly to the merchant without the need for an online connection.)
• A locally issued Visa/Mastercard card is required to make top-ups. 2020: Tap and pay is available with in-app virtual card by Mastercard [61] [62] Yes: No: with EZ-Link app: In-app top up with a locally issued Visa/Mastercard card. Up to 6 Visa/Mastercard card details can be stored in the app.
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