Poll shows local choice for payment cards

MSAR resident’s favourite method of e-payments are stored value cards, according to a survey conducted by an affiliated branch of the Junior Chamber International Hong Kong, as reported by South China Morning Post.
The poll showed that 67 per cent of respondents from Macau stated that they prefer using stored value cards, such as the ones issued by Macau Pass S.A. for their e-commerce payments.
Macau Pass has been Alipay’s authorised agent for the settlement of mobile payment transactions made by local consumers since 2015.
The survey was conducted with 601 people between the ages of 15 and 45 from Hong Kong, Zhongshan, Macau, Kaohsiung, Osaka and Singapore, in regards to their opinions on preferred methods of e-payment.
According to the survey, 73 per cent of people from Hong Kong used the city’s Octopus cards or other stored value cards as their main e-payment method, with 11 per cent preferring the use of credit cards.
Other preferred e-commerce payment methods included platforms such as PayPal, WeChat Pay, Alipay, Apple Pay and bitcoin, however at least 80 per cent of Hong Kong residents considered that their government hadn’t made enough effort to promote e-commerce in the city.
Of the surveyed residents from the Chinese city of Zhongshan, 72 per cent indicated a preference for using WeChat Pay for mobile payments, with the Chinese service also being preferred by 67 per cent of Taiwanese respondents from Kaoshiung.
In Singapore and the Japanese city of Osaka, WeChat Pay was also the preferred method of online payment for 48 per cent and 43 per cent of respondents respectively.