Many on business trips or holidays have said they were unable to get their hands on their cash from ATM machines.Sunday, 12 May, 2013, 6:28am 39 comments
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.18 Apr 2013 - 5:33am
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 and mobile-phone market.17 Jan 2013 - 4:19am
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.13 Dec 2012 - 3:34am
Hang Seng Bank yesterday launched a platform that will let buyers pay for their purchases using smartphones at outlets equipped with contactless readers.
Customers would be able to make credit-card payments by simply waving their suitably equipped phones at any MasterCard PayPass terminal, Hang Seng said.2 Nov 2012 - 5:30am
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.
Recently, I realised that two insurance policies purchased via a promotion run by American Express, with payment linked to its cards, were more expensive than comparable products.22 Oct 2012 - 1:54am
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.20 Sep 2012 - 4:16am
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.16 Sep 2012 - 4:03am
Hongkongers can now pay their taxes around the clock and almost everywhere. Convenience stores will accept their payments from today.
Taxpayers can settle bills of up to HK$5,000 at 7-Eleven, Circle K and VanGO branches, and at China Resources Vanguard supermarkets, across the city.15 Aug 2012 - 10:42pm
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.13 Jul 2012 - 12:00am
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 the banks or the financial institutions.12 Jul 2012 - 12:00am
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.7 Jul 2012 - 12:00am
A new Octopus card to be launched next month will function in Hong Kong and 16 Guangdong cities - but not neighbouring Shenzhen.
The release of the card, which can be topped up in both Hong Kong dollars and yuan, follows two years of negotiations between operators of Octopus and the mainland's Lingnan Pass.29 Jun 2012 - 12:00am
Hong Kong has a reputation for being a good place to park hot money, the result of liberal investment rules, an unstable global economy and our proximity to the mainland's multiplying wealth. It goes into bank accounts, the stock market and the property sector. Still, you might not expect it to come out of an ATM.27 May 2012 - 12:00am
A former senior banker who founded a company that is accused of unlicensed moneylending argued in court yesterday that no other common law jurisdiction categorised its cash-advance product as a loan.24 May 2012 - 12:00am