[7] For personal banks accounts, interbank fund transfer through FPS is normally free of service charges.

Participants in the FPS share a common standard for the QR code which allows paying to merchants using a variety of payment methods like bank cards, stored value facilities or direct debit from bank accounts.

[12] FPS supports payments in Hong Kong dollars (HKD) and Chinese Yuan Renminbi (CNY).

After the incidents were found, HKMA suspended the top up function of all e-wallets operators until the security issues were fixed.

[14] A few days later, it was revealed that more than 10 suspected cases were reported and the loss was surged to HKD 400,000.