HONG KONG: Hong Kong’s consumption voucher programme has sparked a major leap in the local use of electronic payment systems, the city’s finance chief has said, pointing to the creation of more than 2.2 million new accounts in the past few months.
A week after the roll-out of the first HK$2,000 (8,600 baht) instalment of the HK$5,000 e-vouchers, Paul Chan Mo-po said the scheme was achieving its goal of stimulating the economy and supporting employment, noting the “festive atmosphere” in society.
“Many shopkeepers have said the visitor flow has apparently increased recently, with some consumers being more generous in their spending,” Chan wrote on his…
