Users
3.5MFPS Hong Kong | |
|---|---|
pmt_fps_hong_kong |
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:
Channels:
Initiation:
Markets
1TPV
$18BTransactions
64MEstimated Monthly Usage, Aurato Research, October 2026
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
Regulator
Hong Kong Monetary Authority
