Stored Value Facility Licence / Hong Kong / PSSVFO

Cap. 584 · supervised by Hong Kong Monetary Authority · HK Hong Kong

CapitalHKD 25,000,000 sourceTimeline6–18 months source

Granted activities

by client type

ActivityCONSUMERSMECORPORATEREG. FIVIA INTERMED.

Issue electronic money Full Full None None Full

Execute payment transactions (direct debits, card payments, credit transfers)confined to payments up to the amount of stored value available on the facility (the float); the SVF definition in s2A of the PSSVFO is legally distinct from deposit-taking Conditional Conditional None None Conditional

Conditional: the grant carries the conditions listed under the activity.

Requirements

Minimum capitalHKD 25,000,000 source

Typical timeline to authorisation6–18 months source

Passporting reach

This regime does not passport into other jurisdictions.

Holders

4 in this corpus

CompanyRegister idStatus

Alipay Financial Services (HK) LimitedSVF0004source host unreachableAauthorised

WeChat Pay Hong Kong LimitedSVF0005source host unreachableAauthorised

HKT Payment LimitedSVF0002source host unreachableAauthorised

Octopus Cards LimitedSVF0001source host unreachableAauthorised

Products unlocked

No product configuration resolves against this regime.

Derived business models

Computed from granted activities × permitted client types × passporting mode — not an opinion label.

B2CCONSUMER · 2 activities granted

B2BSME +1 · 2 activities granted

Open questions on this regime

No open questions recorded against this regime.

Resolved coverage in hong kong

COVERED

Hong Kong2

Execute payment transactions

own licenceconsumer · SME · via intermediaryconditionalhypothetical

Issue emoney

own licenceconsumer · SME · via intermediaryhypothetical

UNVERIFIED — CLAIMED, NOT TRACEABLE TO A LICENCE

No unverified rows.

Need this implemented in your product?

I turn requirements like these into flows, vendor setups, tests and audit evidence.

Regime: Stored Value Facility Licence / Hong Kong / PSSVFO

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