Faster Payment System

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Breaking | Mainland China, Hong Kong launching Payment Connect scheme to facilitate capital flows

China’s central bank is launching a new connect programme with Hong Kong to facilitate cross-border payments – Beijing’s latest move…

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New Business

Digital wallets poised to overtake credit cards in Hong Kong by 2030: report

Digital wallets are on track to become the dominant payment method in Hong Kong by 2030, accounting for nearly half…

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New Business

Hong Kong signs agreement with People’s Bank of China to enhance Faster Payment System

The Hong Kong Monetary Authority (HKMA) has signed an agreement with the Chinese central bank to promote cross-border linkages for…

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