QR Code Press

Hong Kong subway riders will soon use QR payments

11/20/201811/19/2018 Jesse Collins

Commuters will be able to scan a barcode to pay their fare for using the public transportation. The Hong Kong subway system will soon allow riders to use QR payments to pay their fare. This use of QR code scans as a form of ticketing is rising in popularity all over the world. The Hong Kong subway system’s mobile payments are a part of a new deal with Ant Financial. The deal between the subway system and Ant Financial – Alibaba’s payment affiliate – was first announced last week. As…

QR Code based payments coming to Hong Kong’s rail network

06/05/201806/04/2018 Sam Lambert

MTR plans to implement a payment system that uses quick response codes. In an official statement released by MTR Corporation, Hong Kong’s rail operator, the company announced that it intends to implement QR code based payments on existing AFC (Automatic Fare Collection) gates. Passengers will be required to pre-generate a QR based transit code. The new QR Code based payments system will be built on a travel first and pay after payments model. Under this new system, passengers will need to pre-generate a quick response based transit code to enter…

Octopus QR code launches in Hong Kong for taxi mobile payments

12/05/201712/02/2017 Jesse Collins

The digital transaction operator’s goal is to encourage cabbies and passengers to stop using cash. A new Octopus QR code service is rolling out in Hong Kong to make it easier for the 40,000 taxi drivers throughout the city to accept mobile payments instead of cash. So far, the reception from cabbies hasn’t been all that enthusiastic as they want greater incentives. Taxi drivers see the potential of the Octopus QR code, but are hoping to be given greater incentives to start using it. They also want a boost in…

Apple may see limited success in Hong Kong’s mobile payments market

11/06/201511/04/2015 Sam Lambert

Hong Kong could be a very challenging market for Apple to find a foothold in Apple is expected to bring its new mobile payments service, called Apple Pay, to Hong Kong next year, but the company may find limited success in that market. The company has been working with several banks in order to make the payment service available to consumers, but these banks see little promise in Apple Pay when compared to other services that are becoming available. Apple has already found significant success with its payment service in…

Powa Technologies aims for more success in the mobile commerce field

06/19/201406/19/2014 Stephanie Beck

New acquisition could help Powa reach new markets throughout the world Powa Technologies, a prominent commerce organization based in the United Kingdom, has announced its acquisition of MPayMe, a company based in Hong Kong that specializes in business technologies. Through this acquisition, Powa aims to expand its global reach, breaking into new markets, particularly those that are interested in new technology and mobile commerce. The acquisition will give Powa access to MPayMe’s Znap application, which allows users to scan QR codes to make mobile payments. QR codes are becoming powerful…