The Faster Payment System due to launch Monday will benefit online payments systems such as Alipay, PayMe and WeChat Pay, among others. Photo: Bloomberg

Hong Kong will take a huge step towards smart banking this week with introduction of no cost, immediate interbank fund transfers

Topic |   Hong Kong Monetary Authority (HKMA)

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The Faster Payment System due to launch Monday will benefit online payments systems such as Alipay, PayMe and WeChat Pay, among others. Photo: Bloomberg
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