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May 6, 2026
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Payment Connect: Hongkongers, mainland China residents embrace service on launch day
  • Hong Kong News

Payment Connect: Hongkongers, mainland China residents embrace service on launch day

Cs news11 months ago03 mins

Hongkongers and mainland residents jumped at the chance to send money across the border via a new electronic payment service on its first day of operation on Sunday. The so-called Payment Connect was operating smoothly, with 6,900 Northbound and 19,000 Southbound transactions as of 6pm, according to a spokesperson for the Hong Kong Monetary Authority…

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Bank in Hong Kong investigates unauthorised transactions on payment system FPS
  • Hong Kong News

Bank in Hong Kong investigates unauthorised transactions on payment system FPS

Cs news12 months ago02 mins

A mainland Chinese bank in Hong Kong is investigating unauthorised transactions on the Faster Payment System (FPS) involving one of its clients, the Post has learned, with experts saying breaches on the widely used platform are uncommon and may involve hacking. A client of the China Construction Bank (Asia) in Hong Kong told the Post…

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