'Small Businesses Very Excited About The E-vouchers'

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-06-21 HKT 09:13

Share this story

facebook

  • Felix Chung says he expects the vouchers to help boost the local economy. File photo: RTHK

    Felix Chung says he expects the vouchers to help boost the local economy. File photo: RTHK

Liberal Party lawmaker Felix Chung on Monday said the government's consumption voucher scheme has spurred many small businesses to start using electronic payments.

"We understand that there's quite a lot of small businesses that didn't used to do electronic payments but this time it's very attractive. I mean if you don't set up electronic payment you just lose opportunities, so they are all welcome and getting pretty excited about this opportunity" he said.

The government announced on Friday that the first of its planned e-vouchers for adult residents would be handed out, in instalments, from August the first.

Registration for the vouchers will open on July 4 and as well as paper forms available from the Post Office and some government offices, people can sign up online or via the government's iAM Smart app.

Octopus Card users will first receive HK$2,000, another HK$2,000 two months later, and then HK$1,000 several weeks after that. The vouchers can be collected by using Octopus Card readers at MTR stations or in shops, or via the card's app.

People who receive the vouchers via their AlipayHK, Tap & Go or WeChat Pay HK digital wallets will first get HK$2,000 and then HK$3,000 two months later.

Chung said now that the coronavirus was under control in the SAR, he expected the vouchers to help boost the local economy.

RECENT NEWS

Five Years In: Lessons From Asias Digital Bank Revolution | David Becker, MD APAC, Mambu

Digital banking in Asia was supposed to change the world. Five years later, did it live up to the hype? In this in-dept... Read more

19th Asian Financial Forum To Spotlight Finance And Global Opportunities

The 19th Asian Financial Forum (AFF), co-organised by the Hong Kong SAR government and the Hong Kong Trade Development ... Read more

HK Banks Launch Money Safe Service To Protect Deposits

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) announced on 30 December that all... Read more

HashKey Lists On Hong Kong Exchange

HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more

North Korea Linked To Over Half Of 2025 Crypto Heist Losses

TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more

South Korea Forms Task Force After Coupang Data Breach

The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more