Hong Kong

mkt_hk
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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.

Alpha-3:HKG
NUM:344
Population
7.5M
GDP
$427B
GDP per Capita
$57K
GDP Growth
3.5%
Deepdive

World Bank, World Development Indicators (WDI), 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.

ATMs (PER 100K)
46.1
BANKS (PER 100K)
17.2
DEBIT CARDS (PER ADULT)
2.2
CREDIT CARDS (PER ADULT)
3.7
Compare

IMF, Financial Access Survey (FAS), 2025

Payment Methods

Estimated Monthly Usage, Aurato Research, October 2026

Schemes

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Systems

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PSPs

Compliance

Standards