Hong Kong Bank and Telco Launch NFC Payment Service

Hong Kong’s Heng Sang Bank announced the launch of its NFC mobile-payment service Thursday, a few days before its deadline to launch the service before the end of the first half of the year.

Heng Sang, one of Hong Kong’s largest banks, said the service would be available for purchases up to HK$500 (US$64.45), at about 1,000 outlets in the district and locations would grow to 2,500 by the end of August, including 7-Eleven convenience stores, IKEA furniture stores, Mannings retail pharmacies, Wellcome supermarkets and Pizza Hut fast-food restaurants. Hang Seng and mobile operator PCCW had announced plans for the service in November.

The bank said the service would be available on a number of NFC-enabled Android phones, including the Galaxy S4 LTE, and LTE and other versions of the Galaxy S III, Galaxy Note II, as well as the LG Optimus G Pro and Sony Xperia Z. Plans call for expanding the list of smartphones.

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