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WeChat Pay comes to Hong Kong's transit network

24 November 2017  |  7499 views  |  0 Hong kong modern buildings 5

Hong Kong's Octopus contactless transit payments system is facing competition from the mainland, as WeChat begins trialling its mobile wallets on the island's railway network.

Travellers will be able to use the WeChat Pay Hong Kong and Weixin Pay wallets to buy tickets for journeys at two stations from next month, according to the South China Morning Post.

WeChat's main rival in China, Alipay, is expected to follow suit, finally providing competition to Octopus, the global contactless transit ticketing system trailblazer, which has been around for 20 years.

Says Hong Kong's Mass Transit Railway (MTR): "The company noticed electronic payments are becoming popular, with a multitude of payment options on the market. Following a study, MTR has decided to roll out the trial scheme."

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