Close this search box.

We are creating some awesome events for you. Kindly bear with us.

E-payment business booms in Hong Kong

A recent report noted that, in recent years, mobile payment and innovative technologies have gradually become part and parcel of the daily life of the people of Hong Kong.
On 5 September 2018, two unattended shops opened in the city. Speaking recently at a seminar on innovation and technology, the CEO of a renowned Hong Kong IT services provider stated that with the increasing acceptance of e-payment in Hong Kong, the industry is entering a period brimming with increasingly significant business opportunities.
In comments made following the speech at the seminar, the expert stated that the government of the Hong Kong Special Administrative Region (SAR) has, in recent years, been actively advocating the adoption of e-payment as the preferred mode for settling day-to-day transactions.
The Hong Kong Monetary Authority (HKMA) launched a fast-track payment system this month to provide instantaneous interbank payment or transfer services.
As a company with nearly 20 years of experience in the IT advisory services industry, the company firmly believes that, as a result of favourable government policies, e-payment has a bright future in Hong Kong.
The expert explained that it is the right time to start promoting mobile payment as the technology backing it is now quite mature. In addition, due to the high rental and labour costs associated with running a shop in Hong Kong, e-payment, as it may help small and medium-sized merchants significantly reduce operating costs as well as easily obtain complete sales data and analyses, is seen as having a huge potential in Hong Kong’s retail sector.
The popularity of e-payment will drive the future development of the company. The popularity of computers and their wide use in various industries a few decades ago ultimately led to a sharp increase in the demand for telecommunications technology professionals.
By the same token, as more and more shops start to adopt e-payment services. The tech firm, as an experienced IT service provider in Hong Kong, can also expect to benefit from this through an increase in their order flow.
It was further explained that AI technology is the trend of the future and professionals with the right expertise and skillsets will be in high demand as the area will need ongoing development. Notably, the firm’s goals are not limited to Hong Kong.
The larger Guangdong-Hong Kong-Macao Bay Area has been developing rapidly in recent years, and, as a result, the company plans to enter Mainland China. Moreover, the company is expected to open a branch in Heyuan, Guangdong Province, in the second half of this year.
This is a move to strategically position itself in the market and play an active role as Guangdong Province and the Guangdong-Hong Kong-Macao Bay Area follow Hong Kong’s lead in adopting e-payment.
The firm’s head noted that in the early years of Mainland China’s reform and opening up, Hong Kong businessmen mainly played the role of importing capital and technology into the Mainland. However, as a result of the Mainland’s accelerated development in recent years, the role of Hong Kong companies has also evolved.
The firm plans to take a close look at some high-tech companies in the Mainland and then work together to use Hong Kong as a platform to promote advanced technology from the China Mainland to overseas markets.
Founded in 1998, the tech company is a prestigious IT service provider in Hong Kong that focuses on providing IT infrastructure and IT development solutions, as well as IT maintenance and support.
Its clients are mainly government and non-government public organizations and multinational companies in the retail, distribution, trade, banking, finance and insurance sectors, among others.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.