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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]
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 cards are used by 98 percent of the population of Hong Kong aged 15 to 64 [1] and the system handles more than 15 million transactions, worth over HK$220 million, every day. [ 1 ] The Octopus card system was the world's second contactless smart card system, after the Korean Upass .
PayMe was introduced as a standalone mobile app, offering P2P social payment. [14] Users register via a Facebook account or Hong Kong mobile phone number and authorise access to a credit card or local bank account (not necessarily an HSBC account), from which the balance can be topped up, and a bank account to receive money.
As a result of both bilateral visa abolition agreements (e.g. between Hong Kong and Russia [4]) and unilateral decisions to grant visa exemptions (e.g. Myanmar), HKSAR passport holders enjoy visa exemptions and simplified visa procedures to a large number of destinations worldwide. Whilst the visa exemptions are mostly only for short trips for ...
The visa policy of Hong Kong deals with the requirements in which a foreign national wishing to enter Hong Kong through one of the 15 immigration control points must meet to obtain an entry permit (permit to enter) or Visa, which depending on the traveller's nationality, may be required to travel to, enter, and remain in the Hong Kong Special ...
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The Visa free arrangement does not apply to Chinese citizens of the Hong Kong Special Administrative Region for entry into the mainland China. These citizens should continue to use the Mainland Travel Permit for Hong Kong and Macau Residents for such entry. It also does not apply to ABTC holders of Hong Kong for entry to Taiwan.