Hong Kong gets Apple Pay

While it debuted in France with one bank supporting it and, thus, little fanfare, Apple Pay came out with a bang in Hong Kong today.

It has American Express and five banks on-board with one other and an affiliate payment service to come. They are:

  • Bank of China (Hong Kong)
  • DBS
  • Hang Seng Bank
  • HSBC
  • Standard Chartered
  • BEA (Coming Soon)
  • Tap & Go [A service of Hong Kong Telecom] (Coming Soon)

Visa, MasterCard and AMEX cards can be put in and used at forty retailers and ten apps.

Hong Kong has a fractured atmosphere of mobile payment systems with carriers implementing their own proprietary solutions. In addition to HKT, 3 Hong Kong and SmarTone both have their own NFC-based tap-to-pay apps. Also prevalent in the city is the Octopus RFID card, which has been around since 1997 and enjoys entrenchment within its transit systems, schools and businesses — including almost all of Apple Pay’s current partner retailers and beyond.

It’s a competitive market that Apple has jumped into. We’ll see if it lasts.

Correction: An earlier version of this story claimed that the Octopus Card used NFC technology. Pocketnow regrets the error.

Source: Apple
Via: iMore, South China Morning Post

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About The Author
Jules Wang
Jules Wang is News Editor for Pocketnow and one of the hosts of the Pocketnow Weekly Podcast. He came onto the team in 2014 as an intern editing and producing videos and the podcast while he was studying journalism at Emerson College. He graduated the year after and entered into his current position at Pocketnow, full-time.