FPS Hong Kong

pmt_fps_hong_kong
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Hong Kong's Faster Payment System connects banks and stored-value facilities for round-the-clock transfers in Hong Kong dollars and renminbi. Registered mobile numbers, email addresses or other identifiers simplify addressing, and FPS QR acceptance brings the rail to merchants.

Use cases:
Initiation:
Users
3.5M
Markets
1
TPV
$18B
Transactions
64M

Estimated Monthly Usage, Aurato Research, October 2026

Historical trends

Capabilities

Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities

Markets

Estimated Monthly Usage, Aurato Research, October 2026

PSPs

Schemes

Compliance

Standards