VOUCHER SCHEME ADDS OPERATORS

The Government today announced that apart from the existing four Stored Value Facility (SVF) operators, two more operators have been selected to assist in implementing the 2022 (Phase II) Consumption Voucher Scheme.

The six SVF operators are AlipayHK, BoC Pay, Octopus, PayMe from HSBC, Tap & Go and WeChat Pay HK.

The Government is discussing with them the detailed arrangements including system design and will announce the second phase of the scheme as soon as possible. The target is to start registration in the middle of this year.

Financial Secretary Paul Chan said that with the development of the market, the number of operators suitable for assisting in disbursement of vouchers has increased, thereby expanding the choice of SVFs.

"When identifying the SVF operators, the Government has taken into consideration a basket of factors. Apart from the operator's relevant experience, we have also considered the popularity of their SVF or e-wallet, their technical capacity, the preparation time required, and consulted the Monetary Authority."

Mr Chan noted that the participating operators have been requested to assist small business operators and sectors severely affected by the epidemic through rebates and promotional activities to the benefit of consumers and the relevant merchants.

The operators will announce the details in due course, he added.

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