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Bank of China (Hong Kong) is the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits (2008 data), [ 2] with more than 190 branches across Hong Kong as of the end of 2019. [ 1] It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong ...
UnionPay ( Chinese: 银联; pinyin: Yínlián ), also known as China UnionPay ( Chinese: 中国银联; pinyin: Zhōngguó Yínlián) or by its abbreviation, CUP or UPI internationally, is a Chinese state-owned financial services corporation headquartered in Shanghai, China. It provides bank card services and a major card scheme in mainland China.
Electronic Payment ServicesEPS. Electronic Payment Services ( simplified Chinese: 易办事; traditional Chinese: 易辦事; pinyin: Yì bànshì ), commonly known as EPS, is an electronic payment system based in Hong Kong, Macau, and with limited acceptance in Shenzhen since it began operations in 1985. The service is provided by EPS Company ...
The Bank of China ( BOC; Chinese: 中国银行; pinyin: Zhōngguó Yínháng; Portuguese: Banco da China) is a Chinese majority owned commercial bank headquartered in Beijing and one of the largest banks in the world. The Bank of China was formed in 1912 by renaming the Qing dynasty 's Da-Qing Bank (est. 1905) under the newly established ...
The Industrial and Commercial Bank of China (ICBC; Chinese: 中国工商银行) is the largest bank in China, and in the world, by total assets as of April 2024. ICBC was created on 1 January 1984 from what were then the commercial banking operations of the People's Bank of China. ICBC is majority-owned by the Chinese government and has ...
Faster Payment System ( FPS; Chinese: 快速支付系統, more commonly known as 轉數快) is a real-time gross settlement [ 1] payment system in Hong Kong that connects traditional banks and electronic payment and digital wallet operators. [ 2] Users are able to perform instant money transfer or make payment to merchants by using the ...
The Octopus card ( Chinese: 八達通; Jyutping: baat3 daat6 tung1, Cantonese) is a reusable contactless stored value smart card for making electronic payments in online or offline systems in Hong Kong. Launched in September 1997 to collect fares for the territory's mass transit system, it has grown into a widely used system for transport and ...
[21]: 134–137 On February 1, 2020, the People's Bank of China announced it would temporarily suspend the inclusion of mortgage and credit card payments in the credit record of people impacted by the pandemic. [21]: 134 Private financial credit scoring companies, including Sesame Credit, suspended financial credit ratings.