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Wong Yu-ting, the managing director of the Yellow Taxi Group, wanted retailers to offer discounts to Octopus taxi passengers, but the Transport Department objected as taxi fare discount is illegal in Hong Kong. [41] In March 2018, Octopus Cards Limited announced plans to re-enter the taxi payment market with a new mobile app for taxi drivers.
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.
PayMe (officially known as PayMe from HSBC) is a mobile payment service from HSBC, currently available only for Hong Kong users with local phone numbers and banks. Users can pay businesses, transfer money to one another using a mobile app, linked to their credit card or (any local) bank account. [1] As of Nov 2022, the service had around 2.9 ...
Most of the taxis in Hong Kong run on LPG (liquified petroleum gas) to reduce emissions. In August 2000, a one-off grant was paid in cash to taxi owners who replaced their diesel taxi with an LPG one. Since August 2001, all newly purchased taxis run on LPG. By the end of 2003, over 99.8% of the taxi fleet in Hong Kong ran on LPG. [13]
[3] [4] Using the "traditional way" of full name and account number to make interbank transfer is also allowed. [5] [6] The system was implemented by the Hong Kong Monetary Authority and operated by Hong Kong Interbank Clearing Limited (HKICL). It was launched for pre-registration on 17 September 2018. [7]
The vast majority of taxis in Hong Kong are owned by 17 independent taxi companies, although a few taxis are independently owned and operated. As of 2024, there are 18,163 taxis in Hong Kong, of which 15,250 were urban taxis, 2,838 were New Territories taxis, and 75 were Lantau taxis. Every day they serve about 1.1 million, 207,900 and 1,400 ...
JETCO was founded by the Hong Kong Branch of the Bank of China (now Bank of China (Hong Kong)) in 1982 along with the Bank of East Asia, Chekiang First Bank, Shanghai Commercial Bank and Wing Lung Bank, and at present covers all banks in Hong Kong and Macau, except for HSBC and Hang Seng Bank, [clarify] which uses a separate system known as ETC ().
As one of the top five financial centres worldwide, Hong Kong has one of the highest concentrations of banking institutions in the world, with 70 of the largest 100 banks in the world having an operation in Hong Kong. As of 2019, there were 164 licensed banks, 17 restricted licence banks and 13 deposit-taking companies in business, constituting ...