The Monetary Authority confirmed that the Faster Payment System will be introduced in September next year. Photo: Shutterstock The Monetary Authority confirmed that the Faster Payment System will be introduced in September next year. Photo: Shutterstock
The Monetary Authority confirmed that the Faster Payment System will be introduced in September next year. Photo: Shutterstock
Fintech

‘World-leading’ electronic wallet system linking Hong Kong banks to be launched next year

Hong Kong’s de facto central banker Norman Chan insisted city is not lagging behind on cashless payment, citing 1.7 million credit card and 14 million Octopus transactions a day

Topic |   Fintech
The Monetary Authority confirmed that the Faster Payment System will be introduced in September next year. Photo: Shutterstock The Monetary Authority confirmed that the Faster Payment System will be introduced in September next year. Photo: Shutterstock
The Monetary Authority confirmed that the Faster Payment System will be introduced in September next year. Photo: Shutterstock
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