How China’s Alipay and WeChat Pay became the most popular e-payment apps in Hong Kong

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Hong Kong Free Press

Hong Kong has long been a city that relies largely on cash, credit cards and Octopus. When it launched in 1997, it was only the second contactless payment system in the world after South Korea’s Upass. However, the government’s announcement in 2021 that it would disburse consumption vouchers through digital payment methods has led to a boom in the use of payment apps – with Chinese platforms like Alipay HK and WeChat Pay HK emerging as clear leaders in the field. The two apps were already popular within certain sections of society, including mainland Chinese students studying in Hong Kong or b…

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