Payment instructions for Alipay at a fish stall inside a market in Hong Kong. Online payment providers face resistance in Hong Kong as customers prefer more traditional methods. Photo: Bloomberg

Hong Kong online payments market proving a tough nut for AlipayHK to crack

The company has signed up 1.5 million users, but is running up against the city’s attachment to more traditional means of payment as well as competition and privacy concerns

Topic |   Mobile payments

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Payment instructions for Alipay at a fish stall inside a market in Hong Kong. Online payment providers face resistance in Hong Kong as customers prefer more traditional methods. Photo: Bloomberg
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