The launch of Faster Payment System (FPS) — Hong Kong Monetary Authority — “The FPS is a unique platform as it supports instant payments in the HKD and the RMB with the use of mobile phone numbers, email addresses or QR codes… A free mobile application tool, namely ‘Hong Kong Common QR Code’ (HKQR), is released today, which can be used for converting multiple QR codes from different payment service providers into a single, combined QR code. This would facilitate merchants, especially small and medium enterprises, in using a single QR code to accept different payment schemes, instead of displaying multiple QR codes to their customers.”
The Hong Kong Association of Banks (HKAB) has issued Best Practice for NFC Mobile Payment in Hong Kong, a set of common standards and best practices that aims to help establish an interoperable, as well as safe and effective, NFC mobile payment infrastructure... More
“The HKMA will work with the industry to promote a fully interoperable and versatile platform to enable Hong Kong to enter into a new era of diversified retail payments,” says Peter Pang, deputy chief executive of the Hong Kong Monetary Authority. More
The Hong Kong Monetary Authority (HKMA), the government body responsible for the maintenance and development of Hong Kong’s financial infrastructure, has announced plans to implement a series of retail payment initiatives, including a first step towards the introduction of an NFC payments platform... More
Feed for stories featuring Hong Kong Monetary Authority (HKMA).
• Find a list of all the companies and other organisations that have been featured in
NFCW in our directory.
