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Mastercard Rolls Out More New Digital Payment Products in HK

by CBDC Insider
December 30, 2020
in Asia, Business
Reading Time: 1min read
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Mastercard Rolls Out More New Digital Payment Products in HK
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More new digital payment products have been introduced in Hong Kong in the second half for services ranging from transportation, lifestyle and dining to sanitation and virtual banking, says Mastercard, a global technology company in the payments industry.
It has collaborated with a number of banks – both virtual and traditional – to roll out payment cards.

Innovative digital numberless Mastercard debit cards were launched by Mox and WeLab Bank.

In line with the rising trend in online shopping, Mastercard says it has worked with CCB (Asia) and ICBC (Macau) to offer the JD Mastercard credit card, both with JD.com; and with Bank of China (Hong Kong), Bank of China Macau Branch and Taobao, which joined forces to launch a co-branded Mastercard credit card.

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The HSBC Mastercard Debit Card eliminates cardholder worries about currency fluctuation when overseas or shopping online by allowing access to 12 currencies, with fee-free cash withdrawals at HSBC Group ATMs globally.

For those staying at home, Mastercard offered its first ‘Priceless’ digital photography workshop in Hong Kong featuring Leica Akademie and has expanded its digital experiences.

These include the wellness promotion with Hang Lung Properties and Germ Tech, the electronic rental payment service with KeyChain Pay and takeaway services with OpenRice as well as the contactless payment options on beauty products at Art Piece with eft Payments (Asia) Limited.

Read more: https://www.thestandard.com.hk/breaking-news/section/2/162229/Mastercard-rolls-out-more-new-digital-payment-products-in-HK

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