Apple Pay is now in Hong Kong. Eligible cardholders of American Express, Visa and MasterCard can now use the solution for mobile banking. Hong Kong is the third major market in the Asia-Pacific where the contactless mobile payment service, introduced by Apple about 20 months ago, has been launched this year, following mainland China and Singapore. There are an estimated 10,000 merchant locations in Hong Kong that accept Apple Pay, and more than 10 million in all nine major markets where the service has launched so far. Apple Pay uses near-field communications technology built into iPhones and Apple Watch to allow for contactless payment in stores, which have the contactless point-of-sale terminals to support the service. It can also be used to pay for purchases made within mobile apps on the iPhone and iPad. Participating banks in the city include Standard Chartered, DBS, Hang Seng Bank, HSBC, Bank of East Asia and BOC Credit Card, a subsidiary of Bank of China (Hong Kong).
