‘Hard to believe’: Hong Kong ‘lagging behind’ in epayments as Octopus card and cash keep grip on shoppers, merchants


Visitors have long grumbled over paucity of payment options, especially compared with mainland China’s widely adopted digital solutions. Some platforms have grown in popularity since pandemic, but merchants complain about relatively high transaction fees for epayment systems, say they prefer cash. — SCMP

Shanghai businesswoman Zhong Zhouyan was caught unprepared when she realised the taxi she entered at Hong Kong International Airport on New Year’s Eve only accepted cash payments.

She took the MTR instead, paying for her train ride to her hotel in North Point using mainland China’s popular epayment platform WeChat Pay.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Opinion: Australia just banned kids from social media. Shouldn't we all?
Meta's Dina Powell McCormick quits board, may stay on as adviser
EU Council backs digital euro with both online and offline functionality
AI boom drives data-center dealmaking to record high, says report
Nvidia-Intel deal cleared by US antitrust agencies
Italy sells digital payment unit PagoPA to Poste, state mint for up to 500 million euros
Morgan Stanley seen as front-runner for SpaceX IPO, sources say
Strategy and bitcoin-buying firms face wider exclusion from stock indexes
Paris court rejects French government request to suspend Shein's website for 3 months
YouTube largely back up after being down for thousands of users, Downdetector shows

Others Also Read