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Hong Kong

Hong Kong Dollar (HKD)

Digital payments are widely embraced in Hong Kong, where the world’s second contactless electronic payment card - the Octopus Card - has been in use since 1997. Today, 98% of the population transacts with the card daily.

Hong Kong flag

Population

7,413,100

Banked Population:

97.8%

Group 427321246

Main industries

 Financial Services, Tourism, Trading and Logistics, and Professional and Producer services

Group 427321247

Main imports

Integrated Circuits, Broadcasting Equipment, Office Machine Parts, Gold, and Telephones

Group 427321248

Main exports

Gold, Broadcasting Equipment, Gas Turbines, Integrated Circuits, and Telephones

GDP stats

$49,800.5

Per capita (USD)

6.3%

Growth annually

33

World ranking

Internet usage

93%

Smartphone usage

75%

Cash Usage

10%

Group 427321245 1

Total volume of digital payments projected to reach

$38.41B (USD)

Payment Methods in Hong Kong

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  • All Methods
  • eWallet

Alipay Transfer

eWallet

Alipay QR

eWallet

e CNY

eWallet

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