According to a survey conducted in Hong Kong in 2021, around two-thirds of Interviewed SMBs who planned to implement new payment options named attracting new customers as their reason. Additionally, 56 percent of the respondents said they adopted new digital payment methods to improve customers' experience.
Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021
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PayPal. (January 6, 2022). Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/
PayPal. "Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021." Chart. January 6, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/
PayPal. (2022). Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/
PayPal. "Leading Reasons for Small- and Medium-sized Businesses to Invest in Online Payment in Hong Kong as of October 2021." Statista, Statista Inc., 6 Jan 2022, https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/
PayPal, Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021 Statista, https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/ (last visited December 22, 2024)
Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021 [Graph], PayPal, January 6, 2022. [Online]. Available: https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/