According to a survey conducted in Hong Kong in 2023, cards were the most commonly used payment method for 91 percent of respondents. Meanwhile, the penetration rate of cash in Hong Kong was higher than that of digital wallets and online payments.
Penetration rate of leading payment methods in Hong Kong in 2023
Characteristic
Share of respondents
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Visa Inc.. (March 2, 2023). Penetration rate of leading payment methods in Hong Kong in 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1421057/hong-kong-leading-payment-methods/
Visa Inc.. "Penetration rate of leading payment methods in Hong Kong in 2023." Chart. March 2, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1421057/hong-kong-leading-payment-methods/
Visa Inc.. (2023). Penetration rate of leading payment methods in Hong Kong in 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1421057/hong-kong-leading-payment-methods/
Visa Inc.. "Penetration Rate of Leading Payment Methods in Hong Kong in 2023." Statista, Statista Inc., 2 Mar 2023, https://www.statista.com/statistics/1421057/hong-kong-leading-payment-methods/
Visa Inc., Penetration rate of leading payment methods in Hong Kong in 2023 Statista, https://www.statista.com/statistics/1421057/hong-kong-leading-payment-methods/ (last visited August 24, 2024)
Penetration rate of leading payment methods in Hong Kong in 2023 [Graph], Visa Inc., March 2, 2023. [Online]. Available: https://www.statista.com/statistics/1421057/hong-kong-leading-payment-methods/