February 1, 2021, Hong Kong

Citybus, one of the three major public bus operators in Hong Kong, launched a pilot program for QR code payments on 9 designated bus routes from January 9, 2021. The designated buses now accept Alipay and UnionPay QuickPass for payments of bus fares. It is expected to support more payment methods that include TNG Wallet, WeChat Pay, Tap&Go, EMV payments for credit cards and prepaid cards, and shall be extended to all bus routes later this year.

Wallyt, the Hong Kong based leader in Fintech solutions, partners with the eWallet operator TNG to provide the all-in-one hardware and software solution for Citybus.

Under the influence of the epidemic, digital payment is considered to be safer and more convenient than traditional cash payment due to its cashless nature. More and more Hong Kong citizens change to use digital payment to pay bills in various aspects such as clothing, food, and housing. It is also imperative to adopt digital payments in public transportation.

Starting from January 9, 2021, on the 9 trial bus routes of Citybus, passengers can pay digitally for their bus fares by scanning a QR code obtained on the supported mobile wallets. After the trial period, the digital payment will be expanded to more than 300 bus routes across the city.

The collaboration unveiled Wallyt's all-in-one hardware and software solutions for transportation industry. The millisecond-level QR code scanning and card reading speed bring convenient and efficient payment experience to Hong Kong citizens. The on-board POS machine that integrates QR code scanning, card reading, and marketing solutions will accelerate cashless payment acceptance across all forms of transportation in the next few years.

As a Hong Kong based leading Fintech solution provider, Wallyt provides banks, non-bank financial institutions and enterprises with scenario-specified Fintech solutions, and serves more than 40,000 Hong Kong merchants. Wallyt, together with its partners, will provide a safer and more convenient transportation payment experience for Hong Kong citizens and further promote the development of Hong Kong as a smart city. 

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