Tag "E-Wallet"

The Opportunities and Challenges Facing E-Wallets in Hong Kong

Since their inception in 2016, Stored Value Facilities (SVFs) have rapidly expanded, with the market now served by an intriguing mix of thirteen non-bank licensees, plus four traditional banks that also operate SVFs. Of these seventeen, six have emerged as

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E-Wallet Hong Kong Player Stepping Up Its Game Amid Competition

Mobile payment is a major source of financial innovation which is gaining traction rapidly around the world. China is the number 1 market with US$67.7 billion transaction followed by the United States at US$24.9 billion and the United Kingdom at

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