Hong Kong’s Faster Payment System connects banks and stored-value providers alongside Octopus, cards and wallets. The Hong Kong dollar’s US-dollar link supports a financial centre where local mobile experiences and overseas payment networks serve around 7.5 million people in 2025.
Cash in Hong Kong
Hong Kong pairs cash with a dense digital ecosystem of Octopus, cards and wallets. Physical banknotes remain usable alongside those other options, but some merchants refuse HK$500 and HK$1,000 bills, making denomination important.
Payment Methods
Estimated Monthly Usage, Aurato Research, October 2026
Schemes
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Systems
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