Payment Systems

FINANCE

HSBC cards no longer work in many overseas ATMs

12 May 2013

Many on business trips or holidays have said they were unable to get their hands on their cash from ATM machines.

6:28AM

39 comments

BOCHK set to offer transactions via mobile

18 Apr 2013

Bank of China (Hong Kong), one of the biggest credit card issuers in the city, says it will launch a near-field communication (NFC) mobile payment system in the second half of this year.

5:33AM

Apple launches payment plan for mainland buyers

17 Jan 2013

Apple has begun letting users of its mainland Chinese website pay in instalments as the company looks for ways to make iPhones and MacBook laptops more affordable in the world's largest computer...

4:19AM

UnionPay card joins pack of top players

13 Dec 2012

Among the designer brands from Prada to Chanel at the Harrods flagship store in London, Li Yafang spotted a logo she knows from back home: the red, blue and green of UnionPay cards.

3:34AM

Hang Seng Bank joins leap into phone payments

2 Nov 2012

Hang Seng Bank yesterday launched a platform that will let buyers pay for their purchases using smartphones at outlets equipped with contactless readers.

5:30AM

The Week Explained: Amex not as helpful as the marketing suggests

22 Oct 2012

If you have a credit card you might want to pay some attention to this story. It's something of a saga, but bear with me because the bottom line is rather scary.

1:54AM

Opinion

Tom Holland

Worrying economic parallels between China and India

4:13PM

Howard Winn

Elsie Leung caught up in Rusal's byzantine politics

3:35AM

Visa targets smartphone payments in Hong Kong

Global payments technology giant Visa plans to step up development in Hong Kong of a mobile payments infrastructure that is supported by a wide range of smartphones.

4:16AM

Yoga centres under stress as banks restrict services after mass closures

Yoga studios in Hong Kong are feeling the backlash from the collapse of so many of their counterparts as banks now refuse to provide them with credit card payment facilities.

4:03AM

Now you can settle your tax bill 24/7

Hongkongers can now pay their taxes around the clock and almost everywhere. Convenience stores will accept their payments from today.

10:42PM

PayPal mobile device hassmall traders in its sights

PayPal, the US e-commerce payment platform, is to tap a local market that has been largely neglected by electronic payment channels but is worth up to HK$2.8 billion a year.

9:08PM

Students need to dump credit cards

After reading an article about students being caught in credit card traps, it made me wonder who is most responsible for this. I think it is more the fault of university students and parents than...

9:09PM

Pay-by-phone parking meters may be on the way

The days of having to rush back to 'feed the parking meter' could be over thanks to a revolutionary upgrade that would allow drivers to remotely extend their parking time before it expires.

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7:30PM