Pre-Paid Cards in Hong Kong, China - New Market Research Report
In 2012, closed loop pre-paid card records transaction value growth of 5%, reaching HK$46.6 billion, while cards in circulation increase by 3%, reaching 25,127 million cards. Octopus cards remained the most important payment card in the pre-paid card market and continued to replace cash payments. Octopus cards play an important role in the daily lives of Hong Kong people. It is widely used for payment on public transportation, at convenience stores, chained fast food restaurants, supermarkets,...
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