HongKong

Hong Kong needs a mindset change for digital payments to become more accepted, experts say




A panel of experts on Thursday played down the notion that mainland China is much more advanced than Hong Kong in terms of the technology of mobile payments, saying it was more of a perception issue among consumers.“It’s more likely a change of mindset that is needed in Hong Kong [when looking at mobile payments adoption], how do people see digital and e-payments compared to cash,” said Effie Xin, managing partner of Asia-Pacific fintech and innovation financial services at EY in a “Redefining…



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