image_pdfimage_print

Author Archives: hksar gov

HKMA strengthens verification requirements for electronic wallets setting up direct debit authorisations

The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Moneary Authority (HKMA) has completed its review on the process of electronic wallets users setting up direct debit authorisation (eDDA) through the Faster Payment System (FPS).  The HKMA has requested stored value facility operators and banks to adopt the following refined process to enhance user protection:
 

  1. the user will receive an SMS notification from his bank to confirm the setting-up of eDDAï¼›or
  2. he will need to make a one-time credit transfer from the relevant bank account to his electronic wallet, so as to confirm the wallet user is the same as the bank account owner; or
  3. Bank’s Two-factor Authentication.
 
     In order to provide more comprehensive protection to users, the above refined process will apply to direct debit services conducted through both FPS and non-FPS channels.  To implement the refined process, direct debit services through both channels have been temporarily suspended, but the resumption of services using the above refined process is expected to begin incrementally starting from next week. read more

East Asia

TD reminds the public of traffic and public transport arrangements for HZMB Hong Kong Port

     The Transport Department (TD) today (October 26) reminded members of the public who wish to go to Hong Kong Port of the Hong Kong-Zhuhai-Macao Bridge (HZMB) that they should use public transport as far as possible.
 
     A spokesman for the TD said that members of the public can take franchised bus feeder routes from Sunny Bay Station, Tung Chung Station and the Airport to Hong Kong Port. Moreover, a number of airport bus “A” routes also serve Hong Kong Port. Members of the public can also use cross-boundary coaches or cross-boundary hire cars to go to Zhuhai or Macao.
 
     For motorists who wish to drive to Hong Kong Port and then take shuttle bus, the TD appeals to them to make on-line booking for parking spaces at the domestic car parks at Hong Kong Port. Motorists should also pay attention to the traffic signs erected on roads in the vicinity of Hong Kong Port and drive carefully.
 
     The spokesman reminded motorists that cross-boundary private cars registered under the regular quotas for using other boundary crossings cannot use the HZMB at this stage. Members of the public are reminded that if they wish to drive their private cars to or from Zhuhai or Macao, they must be registered under the private car quotas of the three governments for using the HZMB, or have the necessary permits, completed registration with the Mainland Authority and reserved parking spaces for the East Car Park of the HZMB Frontier Post at Macao Port under the HZMB Macao Port Park-and-Ride Scheme.
 
     The TD will continue to implement temporary traffic management measures, including issuing Closed Road Permits progressively to cross-boundary private cars under the regular quotas for using the HZMB, so as to ensure smooth traffic flow at Hong Kong Port, the airport and Tung Chung, to facilitate members of the public going to these areas during the initial period after the commissioning of the HZMB. The TD will closely monitor the traffic situation in the vicinity of Hong Kong Port upon the commissioning of the HZMB, and will issue letters to inform owners of cross-boundary private cars under regular quotas for using other boundary crossings of the arrangements for using the HZMB as soon as possible.
 
     Members of the public and motorists are advised to plan their trips well in advance. They can also check the latest traffic conditions via the TD’s all-in-one mobile application “HKeMobility”.
 
     Details of the traffic and transport arrangements for the HZMB are available at the following dedicated website www.hzmb.gov.hk. read more

East Asia