Some Hong Kong merchants, especially in the catering sector, have ditched local e-payment system Octopus to cut costs, at a time when more residents are shying away from spending in the city and heading over the border to splash out.
The Post observed a number of businesses had opted out of using Octopus card readers after installing them during the Covid-19 pandemic to capitalise on the government’s issuing of e-vouchers to boost public spending.
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