A Payments Battle Is Brewing in Hong Kong

A Payments Battle Is Brewing in Hong Kong By Alfred Liu May 25, 2018, 5:00 AM GMT+8 – Banks around the world are watching China’s big payments apps – Hong Kong is ‘going to be a battleground,’ consultant says A merchant quick response (QR) code and payment instructions for Ant Financial Services Group’s Alipay, at a market in Hong Kong. Photographer: Anthony Kwan/Bloomberg Alipay’s azure blue logos began appearing two years ago in Hong Kong’s airport, greeting travelers from China who rely on th…

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