AlipayHK Appointed QR Code Payment Solution Vendor of MTR
(15 Nov 2024 – Hong Kong) AlipayHK users will be able to take the MTR by simply tapping their mobile phones at ticket gates at MTR stations starting from mid 2020 as the mobile payment service provider stood out from the many bidding participants and was appointed the QR Code payment solution vendor of MTR on Thursday.
The QR Code solution provided by AlipayHK allows passengers to scan a code in under 0.4 seconds at ticket gates. Furthermore, the QR Code solution will support dual offline solution, so even if internet service is poor or lacking, transactions can be completed to ensure smooth journeys. The plan is to launch the QR Code payment system across 91 MTR stations in 2020. Citizens throughout Hong Kong will be able to enjoy Smart Mobility when commuting on MTR.
AlipayHK focuses on fulfilling Hong Kong citizens’ needs in shopping, dining, living, and commuting. After its launch into the taxi industry and of the EasyGo technology, today, it makes history by hitting another milestone. As Hong Kong people’s number one choice of transport, MTR caters roughly 5.8 million passengers trips every work day. In light of the high volume of passengers, MTR will introduce QR Code as an additional method of payment for passengers.
Jennifer Tan, CEO of Alipay Payment Service (HK) Limited (APSHK) expressed: “After our collaboration with minibus operators, AlipayHK is thrilled to have won the bid in being MTR’s QR Code payment system provider. Not only is this a recognition in AlipayHK’s technological stability, we feel confident QR Code transit technology will be successfully expanded into more aspects. Commuting via QR Code is the trend for the future. Aside from gradually merging with Hong Kong’s public transports, we will also be exploring smart mobility in outbound travels by entering the most popular travel destinations of Hong Kong people, driving smart mobility across Hong Kong.”
About AlipayHK
AlipayHK e-wallet is operated by Alipay Financial Services (HK) Limited (“AFSHK”), a Stored Value Facilities license holder that is supervised by the Hong Kong Monetary Authority. APSHK is a joint venture established and managed by the CK Hutchison Holdings Limited and Ant Financial Services Group. For more information, please visit www.alipayhk.com.
Currently, the AlipayHK e-wallet can be used at over 25,000 local retail outlets which have supported electronic wallet for payment, including large chain stores, supermarkets, fresh markets, taxis and others. The AlipayHK e-wallet also supports a wide range of functions including payments on Taobao and TMall, P2P transfers, electricity payments, and telecom payments, aimed at making the people of Hong Kong’s lives more convenient.