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China Telecom Partners HKT to Extend Mobile Money Service to Hong Kong

China Telecom Partners HKT to Extend Mobile Money Service to Hong Kong Image Credit: China Telecom

China Telecom Global has partnered with HKT’s mobile payment unit to launch a co-branded mobile payment card for the Chinese operator’s MVNO customers, CTExcel in Hong Kong.

Mobile payment is gaining traction in Hong Kong with accelerating growth in penetration as it becomes a part of digital living. CTExcel customers will be able to enjoy the various means ofsecure mobile payment and benefits of this co-branded card with widely covered merchant networks. CTG will also offer exclusive loyalty program for the co-branded card users.

This partnership is the first step into this space in Hong Kong and aims at empowering CTExcel users to enjoy smart andconvenient mobile payment at over 6 million merchant outlets worldwide as well as online.

Customers can pay with the co-branded “CTExcel x Tap & Go Card” at merchants with contactless payment or also pay on Apple Pay or Android Pay.

HKT offers a unique quadruple-play experience in Hong Kong delivering media content on its fixed-line, broadband Internet access and mobile platforms jointly with its parent company, PCCW. HKT also provides a range of innovative and smart living services beyond connectivity to make thedaily lives of customers more convenient, whether they are at home, in the workplace, or on the go.

Deng Xiaofeng, CEO, China Telecom Global
CTG is delighted to enter this collaborationwith HKT Payment in the field of mobile payment solution. CTG always drives innovation withcutting edge technologies and infrastructure in future. We think mobile payment is an area thatwill help CTG to differentiate its mobile solution with extra benefits.

Monita Leung, Head of HKT Payment 
As a Stored Value Facility (SVF) licensed mobile payment service provider in Hong Kong, we have further expanded our footprint through thispartnership with CTG which will enable CTExcel customers to enjoy a genuine, convenient andsecure mobile payment service.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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