Hong Kong Dollar

UnionPay is the world's largest card network by issued cards, and has deep penetration in Hong Kong alongside China's broader payment ecosystem. UnionPay SecurePay is the online payment authentication service enabling UnionPay cardholders to transact securely at e-commerce merchants globally. It is widely accepted by both local and international merchants serving Hong Kong consumers.

Octopus is Hong Kong's iconic contactless stored-value card, originally designed for public transport. It has expanded into retail, dining, and online payments via the Octopus app and Octopus Online Payment service. It is one of the highest-adoption payment instruments in Hong Kong with near-universal awareness.

Hong Kong localized Alipay wallet for QR, online and cross-border payments. Operator: Alipay Payment Services (HK) Ltd.. Est. users: Millions of users (2024).

Bank of China (HK)'s wallet for local and cross-border QR and online payments. Operator: Bank of China (Hong Kong) Limited. Est. users: Millions of users (2024).

Octopus's mobile wallet app for P2P transfers, Octopus reloads and online payments. Operator: Octopus Cards Limited. Est. users: Millions of users (2024).

HKT's prepaid mobile wallet supporting contactless, QR and online payments in Hong Kong. Operator: HKT Payment Limited (HKT Group). Est. users: Millions of users (2024).

Hong Kong edition of WeChat Pay for local and cross-border QR and online payments. Operator: WeChat Pay Hong Kong Limited. Est. users: Millions of users (2024).

HKMA's real-time payment system linking banks and wallets via phone, email or QR for instant payments. Operator: Hong Kong Interbank Clearing Limited (HKICL). Est. users: 14 million+ registrations (2024).

HSBC's popular Hong Kong wallet for P2P transfers and online/in-app merchant payments. Operator: HSBC (Hongkong and Shanghai Banking Corp.). Est. users: 3 million users (2024).

HSBC is one of the world's largest banks by assets, headquartered in London with a dominant presence in Asia. It offers retail, commercial, and investment banking in over 60 countries.

ICBC is the world's largest bank by total assets and the largest of China's 'Big Four' state-owned banks. It offers retail, corporate, and investment banking globally.

DBS Bank is Singapore's largest bank and Southeast Asia's leading bank, recognised globally for its digital innovation and strong retail, SME, and corporate banking.

HSBC is Hong Kong's largest bank and the note-issuing bank of the territory, offering retail, commercial, private, and investment banking.

OCBC Bank is Singapore's second-largest bank, offering retail, commercial, investment, and Islamic banking through Bank OCBC Al-Amin in Malaysia.

Citigroup (Citi) is a global diversified financial services holding company, operating in 160+ countries. It is known for its institutional banking, treasury services, and consumer banking across emerging markets.

China Construction Bank is China's second-largest bank, specialising in infrastructure lending, housing finance, and corporate banking. It is one of the four largest banks in the world.

Bank of China is China's most internationally active bank, specialising in foreign exchange and cross-border trade finance. It is one of the Big Four state-owned banks.

China Merchants Bank is China's top joint-stock bank, known for its retail banking innovation, credit cards, and wealth management.

Bank of China (Hong Kong) is one of the three note-issuing banks in Hong Kong, offering retail, commercial, and investment banking.

Standard Chartered is a British multinational bank focused on Asia, Africa, and the Middle East. Headquartered in London, it operates in over 50 markets providing corporate and retail banking.

Hang Seng Bank is a subsidiary of HSBC and one of Hong Kong's largest locally incorporated banks, focused on retail and commercial banking.

Bank of Communications is China's fifth-largest state-owned bank, offering retail, corporate, and investment banking services.

Aggregate of remaining banks in Hong Kong, collectively ~37.5% of domestic banking assets.