FPS gained about 6 million new registrations over a period of two years that coincided with Hong Kong’s worst outbreaks of the coronavirus. Photo: AFP
Covid-19 spurs Hong Kong’s rush to dump notes and coins as Faster Payment System tops 10 million registrations in city’s embrace of digital banking
- Faster Payment System (FPS) reached 10.1 million registrations in March
- The pandemic has accelerated digitisation, CEO of virtual bank Livi says
FPS gained about 6 million new registrations over a period of two years that coincided with Hong Kong’s worst outbreaks of the coronavirus. Photo: AFP
