Commuters Eager To Cash In On Fare Subsidy Scheme
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2019-02-16 HKT 14:35
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A new transport subsidy scheme kicked off to a smooth start on Saturday, with many commuters telling RTHK that the subsidy collection mechanism was simple and convenient.
Under the Public Transport Fare Subsidy Scheme that came into effect on January 1 this year, commuters with monthly travel expenses exceeding HK$400 would receive a 25 percent subsidy for every dollar they spend above that amount, capped at HK$300.
From the 16th of each month, they can collect the subsidy for the previous month via the Octopus App or at more than 1,800 collection points around the city, including MTR stations, light rail customer service centres, designated ferry piers, and any 7-Eleven, Circle K or Wellcome supermarkets.
The entire subsidy collection process only took a matter of seconds as it simply required a tap of their Octopus cards.
The subsidy scheme was announced by Chief Executive Carrie Lam in her maiden policy address in 2017 as a relief measure for over 2 million commuters.
It's expected to cost the government about HK$2.3 billion a year.
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