Hong Kong is a special administrative region (SAR) of the People's Republic of China (PRC). It is situated on China's south coast and, enclosed by the Pearl River Delta and South China Sea. Link to external site : Website for Hong Kong |  |
| Wallets | |
| Development | Developed |
| Send or Receive |
Send Register/Log In |
| GDP ($m) |
207,169.42 Register/Log In |
| HDI classification | Very High |
| Mobile Connections (m) |
11.425 Upgrade to Bronze |
| Currency | HKD |
| Class | |
| CountryISO | HK |
| Sovereignity | Other terrirory |
| Territory of | CHINA |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["HK",6.926,94]],"options":{"title":"Countries","region":"HK","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["3 Hutchison Whampoa Ltd",3010127],["CSL (Telstra)",2700000],["China Mobile",2546185],["SmarTone Mobile Communications Ltd -Vodafone",1627675],["PCCW",1540539]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",4839411],["Q4 2001",5544948],["Q4 2002",6149278],["Q4 2003",7289897],["Q4 2004",7228527],["Q4 2005",7764552],["Q4 2006",8421795],["Q4 2007",8812321],["Q4 2008",9254040],["Q4 2009",10071444],["Q4 2010",11020658],["Q4 2011",11720358],["Q4 2012",12234901],["Q4 2013",12613748],["Q4 2014",12895333]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["ATM",1],["Location",3],["Mobile",8],["Web",3]],"options":{"title":"Initiatives ( 10 of 10 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["",1],["Bank",7],["MNO",1],["PSP",2],["Scheme",2],["TechWeb",2]],"options":{"title":"Initiatives ( 10 of 10 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["DW",1],["LP",1],["MB",2],["MP",1],["MW",2],["NFC",1],["OP",1],["VC",1]],"options":{"title":"Initiatives ( 10 of 10 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["CICO",1],["Card",1],["DMT",1],["DW",1],["LP",4],["LVP",1],["MB",2],["MP",6],["MW",1],["NFC",1],["OB",1],["OP",3],["PaySys",1],["VC",1]],"options":{"title":"Initiatives ( 10 of 10 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Account",3],["Card",6],["NFC",2],["Wallet",4]],"options":{"title":"Initiatives ( 10 of 10 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Common Upgrade to Bronze |
| Legal System |
Mixed legal system of common law based on the English model and Chinese customary law (in matters of family and land tenure) Upgrade to Bronze |
| Law is based on |
Principally based on English common law Upgrade to Bronze |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
NB Led Upgrade to Bronze |
| DominantModel |
| E-Money |
E-money allowed for non-banks as per cpss Upgrade to Bronze |
| Payment | |
| Agent |
Doc 69 pg 36 register SIM face to face at MNO to do mobile MT Upgrade to Bronze |
| Money Transfer |
MNO will have to register as an RSP with the FIU Upgrade to Bronze |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",140.16],["Banked",90],["Internet",57],["Urban",100],["Adult",86],["Literate",93.5]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 6.93 |
| Adult % | 86.00 |
| Migrants % |
43.00 Register/Log In |
| Stock Immigrants ('000) |
2,741.80 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % |
45.60 Upgrade to Bronze |
| Urban % | 100.00 |
| Female % | 56.50 |
| Literate % | 93.50 |
| Annual Growth % |
| Mobile Penetration % | 140.16 |
| Banked % | 90.00 |
| Access to FS % | 0.00 |
| Internet % | 57.00 |
| Branches per 100k adults | 24.37 |
| ATMs per 100k adults | 0.00 |
| POS per 100k adults | 0.00 |
| Prepaid % | 49.30 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 0.69 |
| Monthly ARPU |
19.08 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Mobile Payment Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets | |
| Informal Market | |
| Cost To Remit | |
| Key Players |