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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)

QR Code

P2C

Credit Industriel et Commercial

Payout

The Bank of New York Mellon

Payout

CIMB Bank Berhad

Payout

Ping An Bank Hong Kong

Payout

Citibank Hong Kong

Payout

Public Bank Hong Kong

Payout

Bank of Communications Hong Kong

Payout

Qishang Bank Hong Kong

Payout

DBS Bank Hong Kong

Payout

Saigon Thuong Tin Commercial Joint Stock Bank

Payout

Dah Sing Bank

Payout

Standard Chartered Hong Kong

Payout

Fubon Bank Hong Kong

Payout

Shanghai Commercial Bank

Payout

HSBC Hong Kong

Payout

Shinhan Bank Hong Kong

Payout

Hang Seng Bank

Payout

Sumitomo Mitsui Trust Bank

Payout

Industrial and Commercial Bank of China Asia

Payout

Banco Santander S.A.

Payout

ICICI Bank Hong Kong

Payout

Shenzhen Development Bank

Payout

JPMorgan Chase Bank

Payout

Bank of Taiwan Hong Kong

Payout

KBC BANK N.V.

Payout

United Overseas Bank Hong Kong

Payout

Kookmin Bank Hong Kong

Payout

OCBC Wing Hang Bank

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Bank Mandiri Hong Kong

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Wing Lung Bank

Payout

Nanyang Commercial Bank

Payout

The Bank of East Asia

Payout

Bank of China Hong Kong

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Bank of India Hong Kong

Payout

China Construction Bank Asia

Payout

Chong Hing Bank

Payout

Payment Methods in Hong Kong

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  • P2C

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