May 31, 2019

Payment Landscape Hong Kong 2019

After interviewing 1,000 shoppers, the resourceful team at Tofugear have just released an insightful report on the latest payment trends in Hong Kong.

Sample findings for top payment methods:

  • in-store: cash (88%), Octopus (85%) and credit card (81%)
  • online: credit card (82%), digital wallets (55%) and cash on delivery (24%)

Unlike China, it looks like Hong Kong is moving towards a future with multiple payment options rather than a fully cashless society.

Register here to download the full report (in collaboration with Rakuten Insight and Wirecard).