According to a survey conducted in August 2020, digital payment methods became more prevalent during COVID-19 in Hong Kong. Card-funded mobile payments showed a net increase of 43 percent, and non-card-funded mobile payments 31 percent. Meanwhile, as stated in the source, Hong Kong witnessed the most substantial drop in cash usage among three surveyed regions, including Macao and Taiwan.
Change in usage of payment methods among consumers during coronavirus COVID-19 in Hong Kong as of August 2020, by type
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Visa Inc.. (December 10, 2020). Change in usage of payment methods among consumers during coronavirus COVID-19 in Hong Kong as of August 2020, by type [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1222871/hong-kong-change-in-usage-of-payment-methods-during-covid/
Visa Inc.. "Change in usage of payment methods among consumers during coronavirus COVID-19 in Hong Kong as of August 2020, by type." Chart. December 10, 2020. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1222871/hong-kong-change-in-usage-of-payment-methods-during-covid/
Visa Inc.. (2020). Change in usage of payment methods among consumers during coronavirus COVID-19 in Hong Kong as of August 2020, by type. Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1222871/hong-kong-change-in-usage-of-payment-methods-during-covid/
Visa Inc.. "Change in Usage of Payment Methods among Consumers during Coronavirus Covid-19 in Hong Kong as of August 2020, by Type." Statista, Statista Inc., 10 Dec 2020, https://www.statista.com/statistics/1222871/hong-kong-change-in-usage-of-payment-methods-during-covid/
Visa Inc., Change in usage of payment methods among consumers during coronavirus COVID-19 in Hong Kong as of August 2020, by type Statista, https://www.statista.com/statistics/1222871/hong-kong-change-in-usage-of-payment-methods-during-covid/ (last visited December 18, 2024)
Change in usage of payment methods among consumers during coronavirus COVID-19 in Hong Kong as of August 2020, by type [Graph], Visa Inc., December 10, 2020. [Online]. Available: https://www.statista.com/statistics/1222871/hong-kong-change-in-usage-of-payment-methods-during-covid/
