AlipayHK sees broad scope for mobile payments

AlipayHK is poised to ride on the wave of the newly released outline for the Guangdong-Hong Kong-Macao Greater Bay Area megaproject, amid hopes of a broader scope for its mobile payment service within the would-be super powerhouse in the Pearl River Delta.

As the operator of the big-name electronic wallet, Alipay Financial Services (HK) is hoping to roll out cross-border payment services in the near future, extending the smart consumption experience of wallet holders in Hong Kong not only to mainland cities but also to some foreign destinations where they travel frequently, without changing their Hong Kong version of the wallet, according to Jennifer Tan, chief executive officer of Alipay Payment Services (HK) Ltd.

However, what's currently hindering the process has been the differences in regulations between Hong Kong and its mainland counterparts in the area.