Transcription of Stored value facilities and retail payment systems …
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FEATURE ARTICLE Stored value facilities and retail payment systems in Hong Kong: a proposed regulatory regime by the Financial Infrastructure Department The rapid development of innovative retail payment products and services is expected to see the emergence of new mainstream means of paying for a wide range of goods and services, including small transactions which are now paid for by cash. For these retail payment solutions to continue developing and become a truly mainstream means of retail payments , public confidence and innovation are key.
FEATURE ARTICLE Stored value facilities and retail payment systems in Hong Kong: a proposed regulatory regime by the Financial Infrastructure Department
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