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Hong Kong

HK · HKG · 344Asia-PacificHKD HK$28 methods

1 source

Hong Kong's e-commerce market is worth US$22 billion — over US$3,000 per shopper per year.

$22 bn
e-commerce spend
6.9M
online population
14%
of total retail
19%
cross-border spend
95%
banked adults
74%
credit card population

Payment mix

share of e-commerce spend
  • Card44%
  • E-Wallet31%
  • Bank Transfer15%
  • Other7%
  • Cash3%

Methods in use

top 8 of 28

Checkout behaviour

62% of online purchases are completed on mobile devices, up from 57% in 2020.

Card payments account for 44% of transactions, with a highly fragmented "Other" scheme category (69%) reflecting local card dominance.

77%
shoppers buying cross-border
$3.7 bn
cross-border value
14%
e-commerce of retail
Facts
ISO 3166
HK · HKG · 344
Region
Asia-Pacific
Population
7.5M
Currency
HKD HK$
Banked adults
95%
Methods live
28
Banks covered
41
Sources
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