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Consumption Coupon|The second issue of $5000 can be "transferred" upon distribution. One thing to note for Octopus users

2022-06-12T06:13:56.659Z


【Consumption Coupon / PayMe / BoC Pay / Octopus / Alipay HK Alipay / WeChat Pay / Tap & Go / Application】Financial Secretary Paul Chan published a blog today (12th), revealing that the


【Consumption Voucher / PayMe / BoC Pay / Octopus / Alipay HK Alipay / WeChat Pay / Tap & Go / Application】Financial Secretary Paul Chan published a blog today (12th), revealing that the details of the second issue of consumer vouchers will be announced this week .

Based on the news of "Hong Kong 01" and past information, it is expected that the second phase of consumer coupons will accept applications as soon as mid-June and will be issued during the summer vacation. The number of business operators has also increased from four to six. Coupon will be automatically charged for any procedure.


Octopus has a maximum stored value of RMB 3,000. When issuing consumer coupons in the first phase, they need to collect consumer coupons of RMB 5,000 in stages. According to the arrangement, citizens can consume the first round of consumer coupons of RMB 4,000 before May 31, and the fastest possible date is June 16 The "final installment" is $1,000 per day, and the public must "spend up" $4,000 before the end of October at the latest, and receive the "final installment" on November 16.

The Treasury Bureau has previously clarified that Octopus is not regulated by laws related to "money laundering". It is unknown whether Octopus will increase the stored value before the second issue of consumer coupons to facilitate citizens to "use money".


▼4.15 The first day of the Easter holiday, the first long holiday after the distribution of consumer coupons▼


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Based on the news of "Hong Kong 01", Chen Maobo's blog and past announcements, the second phase of consumer coupons will accept applications as soon as mid-June, and will be issued in early July during the summer vacation. This time, the total number of operators will increase to six. In the original Octopus, Apart from AlipayHK, WeChat Pay and Tap & Go, BOC Hong Kong's BoC Pay and HSBC's PayMe will join as operators.

Do not "transfer" automatic registration to receive coupons

Citizens can "transfer" when they collect the second phase of consumption coupons. Currently, various operators have launched different discounts to attract customers. If you continue to use the last tool to collect consumption coupons, you do not need to go through any registration procedures. The government will automatically verify the previous registration. information, so that eligible citizens can receive the vouchers at the designated time. As for the "transfer" procedure, the government has yet to announce it.

Discounts for each platform:


Consumption Vouchers|Platform transfer war broke out Octopus increase stamp function Payme launched cash rebate coupons|PayMe launched 40 million rewards to lure citizens to transfer prizes including electric cars, discount coupons and consumption coupons|McDonald’s login to AlipayHK to send $10 gift voucher WeChat Pay: continue to send Coupons|AlipayHK launches new features to challenge customers and is not biased: stay as long as you have discounts Leyou Card|Octopus launches new service in July, transfer coupon records 6 pictures to clarify important matters Coupons | BoC Pay recommends coupons $20 rebate for one person, $10 off coupons when you spend $30 at OK convenience stores | Octopus, AlipayHK, PayMe, BoC Pay and other six platforms to choose all-inclusive coupons |

Consumer Coupon|PayMe users with more than 2.7 million 34,000 merchants use BoC Pay to promote discounts to attract customers

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Octopus will receive $1,000 "last installment" on the 16th of this month

Among the major operator platforms, Octopus has a maximum stored value of RMB 3,000. When issuing consumer coupons in the first phase, they need to collect consumer coupons of RMB 5,000 in stages. The "final installment" of $1,000 can be claimed as early as on the 16th of this month, and the public must "spend up" $4,000 before the end of October at the latest, and receive the "final installment" on November 16.

The Octopus stored value cap has not been resolved for many years, because the Octopus Company listed "hardware-based stored value payment instruments" according to the "Payment Systems and Stored Value Facilities Ordinance". Since it is not registered with real names, it is used to avoid money laundering. , so the stored value is limited to a maximum of RMB 3,000.

The Treasury Bureau clarifies: There is no money laundering in consumer coupons and no restrictions on money laundering

However, the Treasury Bureau responded earlier that the funds for consumer vouchers come from the government, and the HKMA has informed payment instrument licensees that consumer vouchers are not subject to this restriction, and emphasized that Octopus has not raised the limit and is not subject to legal or regulatory requirements limited.

The authorities also pointed out that consumer vouchers clearly do not pose any money laundering and terrorist financing risks, and have reported to Octopus, so that they can take into account "commercial, technical and other operational considerations, and continue to improve services in compliance with legal requirements."

Consumer coupons|Government says Octopus is not limited by law, 3,000 yuan Expert: No way to change consumer coupons without amendments|PayMe pushes 40 million rewards to lure citizens to transfer prizes including electric cars, discount coupons and coupons|McDonald’s login to AlipayHK to send $10 coupons WeChat Pay: Continue to distribute discount coupons|Eligible Octopus spending of RMB 4,000 tomorrow on June 16th can receive the final coupon

Source: hk1

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