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