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Source: Hong Kong Information Services

The deadline for application of the subsidy scheme for the promotion of contactless payment in public markets will be extended to December 21, the Food & Environmental Hygiene Department announced today.

Launched on October 15, the scheme provides a one-off subsidy to tenants of the department’s market stalls, including cooked food stalls, at a flat rate of $5,000 each.

The subsidy will be used to meet initial set-up costs as well as service and other fees related to the provision of at least one contactless payment means, which would be processed through a licensed bank, a stored value facility licensee regulated by the Monetary Authority, or a debit or credit card scheme, for market patrons.

The department explained that it strengthened the wireless networks in public markets through wireless network service providers in September to promote contactless payment in the markets.

Service plans and information provided by contactless payment service providers have also been compiled for reference by market stall tenants.

Tenants should submit applications to the department and obtain approval in principle before signing a relevant contract with a service provider.

The tenants must also produce a valid service contract with a duration of no less than two years and the department will conduct inspections to ensure completion of installation before disbursing the subsidy.

Application forms can be obtained from the department’s District Environmental Hygiene Offices.

MIL OSI Asia Pacific News