A QR code displayed at the Faster Payment System launch ceremony on Friday. The system goes live on Sunday. Photo: K.Y. Cheng A QR code displayed at the Faster Payment System launch ceremony on Friday. The system goes live on Sunday. Photo: K.Y. Cheng
A QR code displayed at the Faster Payment System launch ceremony on Friday. The system goes live on Sunday. Photo: K.Y. Cheng
Fintech

450,000 Hong Kong bank customers to benefit from instant QR-code-based money transfer system from Sunday

Faster Payment System marks huge step towards making the city a cashless society, say Monetary Authority officials

Topic |   Fintech
A QR code displayed at the Faster Payment System launch ceremony on Friday. The system goes live on Sunday. Photo: K.Y. Cheng A QR code displayed at the Faster Payment System launch ceremony on Friday. The system goes live on Sunday. Photo: K.Y. Cheng
A QR code displayed at the Faster Payment System launch ceremony on Friday. The system goes live on Sunday. Photo: K.Y. Cheng
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