One of Hong Kong’s largest banks and a major telco have announced plans to commercially launch NFC payments during the first half of 2013, putting a MasterCard PayPass credit application onto SIM cards issued by PCCW mobile.
Heng Seng Bank, which is majority owned by HSBC Group, said customers would be able to use the service with NFC-enabled phones from Samsung Electronics, among others. Neither the bank nor PCCW mentioned the models that would be available for the service.
Meanwhile, in a separate project, HSBC bank said it launched a Visa payWave credit card service with an iPhone attachment. The first customers registering for the service would be able to use the service for free, though it's unclear if that includes the iPhone attachment. They would be able to make purchases of up to HK$500 (US$64.50) by tapping the phone on payWave point-of-sale terminals. There are reportedly more than 9,000 payWave POS terminals in Hong Kong. It's not clear how many terminals support PayPass in Hong Kong.