Top 5 Most- Used Electronic Wallet in HongKong

AMCgroup
AMCgroup
Published in
4 min readOct 7, 2019

A new payment era has arrived in Hong Kong as more and more e-wallets services are available in Hong Kong. This trend has never been hotter than ever, especially after the HongKong Monetary Authority granted Stored Value Facilities licenses to five existing stored-value service providers. Meanwhile, as a consumer, it’s important that you know your options before you decide which service to use. Here are the features and special offers of the five most popular E-wallets in Hong Kong.

  1. Octopus & O! ePay

Octopus is widely accepted by major transport operators, retail shops, online merchants, parking facilities, self-service kiosks, leisure facilities and schools, etc.

How to top-up:

You can top-up your Octopus up to HK$1,000 at MTR Customer Service Centres, 7-eleven and McDonald’s, etc, or apply for AAVS and top-up your Octopus using your credit card. iPhone users can download the “Octopus” App and connect their iOS mobile device with an Octopus Mobile Reader to top-up a maximum of 10 Octopus cards.

Special offers:

When you pay with Membership Octopus at any Octopus Rewards partners that display the Octopus icon, you can earn Reward$ at the rate of at least 0.5% of your spending. You can use Reward$1 as HK$1 at any Octopus Rewards partners. Apply for membership of Octopus Rewards programme

2. MasterPass

MasterPass is a digital payment platform that stores your personal information, credit card information and shipping address details, saving you the hassle of filling out your information every time you shop online.

How to apply:

Register for MasterPass on the official website. You can also sign up by clicking the “Buy with MasterPass” button when you shop online

Special Offers:

Spend $300 or above on Pizza Hut Online ordering with MasterPass to enjoy $70 instant discount. (This offer is available for a limited time on a first come first- served basis)

3. Apple Pay

Apple Pay is a mobile payment service that lets you use your Apple devices to pay for groceries, food and different services in stores and within apps by linking your Visa, MasterCard or American Express credit cards. When you hold the device near a card reader, you can make a purchase without having to share your credit card number with the merchant. You can turn on Find My iPhone on your Apple devices and then use the Find My iPhone app or iCloud.com to find them if they go missing.

Special Offers:

You can enjoy up to 35% Off at PARKnSHOP, Cotai Water Jet, Hung Fook Tong, VanGO Convenience Store, Vanguard and U select, Sasa and Watsons stores with spending via Apple Pay by using BOC Credit Card !

4. TNG Wallet

TNG Wallets allows users to store prepaid value for online and offline purchases, settle bills, transfer money to other TNG users or any registered Hong Kong bank account and even withdraw cash from dedicated service points in Hong Kong. It also supports other electronic payment functions including e-coupon, e-ticketing, and virtual membership functionalities.

How to apply

Simply download TNG Wallet in Google Play Store or App Store and register with your mobile phone number.

How to top-up:

You can top-up your TNG account at any designated channels, including 759 Store, credit card, 7- Eleven and JETCO ATMs

5. Tap&Go

Tap & Go is a prepaid mobile payment service for Android and iOS smartphones users to settle payment at the designated merchants through MasterCard Contactless technology. You can also use it for both overseas & online purchases and make instant money transfer remotely between families and friends.

How to top-up:

You can top-up your account at any designated merchants such as HKT, 1010, 7-Eleven and Watsons. Top-up amounts range from HK$100 to HK$3,000 in multiples of HK$50.

Special Offers:

Earn HK$20 rebate for every successful transaction of HK$200 or above at Eslite using Tap & Go. Each customer can enjoy this rebate for a maximum of 3 times. (Valid until 30 Sep 2016)

If this information is helpful, please visit and explore our website! http://bit.ly/amcworld_ (www.amcworld.io)

If you are interested in crypto, you- can join our exchange:

http://bit.ly/amczet_join

--

--