Mainland China, Hong Kong Launching Payment Connect Scheme to Aid Capital Flows

PBC, HKMA hold launch ceremony for faster payment systems between mainland and HK

The People’s Bank of China (PBC), the central bank, and the Hong Kong Monetary Authority (HKMA), held the launch ceremony for faster payment systems between the mainland and Hong Kong Special Administrative Region on Friday, in order to deepen financial cooperation between the mainland and Hong Kong, and to meet the demand of residents in both places for secure, efficient and convenient cross-boundary remittance service, the PBC said on Friday.

Mainland, Hong Kong Launch Real-Time Cross-Border Payment Link

Mainland, Hong Kong Launch Real-Time Cross-Border Payment Link - The service, backed by a dozen banks, will be free initially as fees are waived to encourage uptake

China's central bank says mainland-HK payment connect will begin operations soon

China's central bank says mainland-HK payment connect will begin operations soon

Mainland China, Hong Kong launching Payment Connect scheme to aid capital flows

‘Milestone’ programme links mainland China’s Internet Banking Payment System with Hong Kong’s Faster Payment System, simplifying cross-border payments.

HKMA and PBoC Collaborate on Cross-Boundary Payment System Launch - Invest In Crypto News

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Mainland-Hong Kong Payment Link Set for June 2025 Launch

The Mainland-Hong Kong Cross-Border Payment Link, launching June 22, 2025, enhances cross-border payments and strengthens Hong Kong's financial stature.