back Back

MTR & Visa bring ePayment service to Hong Kong’s railway stations

By Gloria Mathias

December 28, 2023

  • APAC news
  • APAC Payments
  • Card Payments

Visa, SAP, MTR Corporations, Contactless Bank Card Payments, Fintech News, Hong Kong News, Card Payments, ePayments, Transit Payments, Travel Payments, APAC Payments, Fintech NEWS APAC, APAC NewsMTR Corporation has announced the launch of contactless bank card payment for MTR rides in phases starting on December 23, 2023.

Passengers will be able to use this new service initially with Visa at designated gates, while additional bank cards will be accepted for payment in the third quarter of 2024. The new e-payment option will bring greater convenience to local passengers and travellers.

Starting December 23, passengers can tap their contactless credit card or debit card or devices such as smartphones and smartwatches with payment enabled at the credit card readers on the light blue gates. The number of entry and exit gates providing the new payment function will also be gradually increased.

“The introduction of contactless bank card payment at entry and exit gates is a key milestone in our journey in smart mobility as it signifies fully electronic payment for MTR trips. We provide diverse payment options, including Octopus, contactless bank cards, QR codes, and Single Journey Smart Ticket, for the convenience of passengers, catering to the needs of different passenger groups, as MTR further provides quality service with a ‘smart railway’,” said Jeny Yeung, Managing Director, Hong Kong Transport Services of MTR Corporation.

Following the introduction of contactless bank card payment service in the heavy rail network accepting Visa credit and debit cards, e-payment service has also been added to all Customer Service Centres at MTR stations1. The second phase of contactless bank card payment will be launched in the third quarter of 2024, and additional bank cards will be accepted for e-payment.

“We are thrilled to become the first digital payment company in Hong Kong to bring contactless bank card payments to MTR. Visa is committed to providing innovative, secure, and universally consistent payment methods to the millions of citizens and travellers who take the MTR every day. We believe that an open-loop payment system not only accelerates smart mobility but also brings opportunities for the development of the global digital economy,” said Paulina Leong, General Manager, Visa Hong Kong and Macau.

Previous Article

December 28, 2023

REPAY unveils payment integration with AKUVO

Read More
Next Article

December 28, 2023

Elwood Technologies appoints Chris Lawn as CEO

Read More

IBSi Daily News Analysis

bahrain, islamic finance

February 22, 2024

APAC news

What makes Bahraini Islamic Finance industry so robust

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


MultiPay teams up with to launch Pay By Bank

Read More


UNIPaaS unveils AI payment assistant solution for SaaS platforms

Read More


Security Bank joins Avaloq to digitise its wealth management business

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023