Hong Kong News

Nonpartisan, Noncommercial, unconstrained.
Friday, Apr 19, 2024

More e-payment options for fare subsidy on way

More e-payment options for fare subsidy on way

Authorities will speed up studies to offer e-payment options other than Octopus cards for collecting the public transport fare subsidy.
This came following the increased availability of e-payment platforms in the SAR and an expected change in public transport fare payment habits, the Transport and Housing Bureau said.

The subsidy scheme, launched in 2019, offers a monthly subsidy based on the public transport expenses recorded on each Octopus card.

As of last month, the scheme's total subsidy amount was over HK$5 billion, with an average of 2.15 million people benefiting each month.

The bureau said it had approached various e-payment operators to iron out details on incorporating other platforms into the scheme.

"They include the threshold for incorporating e-payment systems into the scheme, arrangements for the uploading and verification of transaction records, arrangements and modes for subsidy calculation and collection, corresponding monitoring mechanisms, lead time and cost estimates," it said.

The bureau would liaise with the operators after working out a detailed implementation proposal.

However, the most common transport payment method used by commuters continues to be Octopus cards, it said.

Asked if all commuters should be required to use a personalized Octopus card to collect the subsidy, respondents who agreed and disagreed accounted for 40 percent each, according to a Transport Department survey conducted between July and August.

"Respondents who objected to such measures pointed out that it would cause inconvenience and that they were also concerned about privacy issues," the bureau said.

On the subsidy level of the scheme, the bureau said nearly 60 percent of the respondents considered the subsidy level to be appropriate.

In the first year of the subsidy scheme's implementation, commuters who spent more than HK$400 a month on public transport received a 25 percent subsidy on the amount beyond that, capped at a maximum rebate of HK$300.

Since last January, the government has increased the scheme's subsidy rate from 25 percent to one third of the monthly public expenses in excess of HK$400, in addition to raising the cap from HK$300 to HK$400 per month.

Since July, the government temporarily lowered the scheme's monthly public transport expenses threshold from HK$400 to HK$200 to allow more passengers to benefit from the subsidy scheme amid the pandemic.

In March, the government said the measure's end date would be extended from June to December and the subsidy cap was also increased from HK$400 to HK$500 between April 1 and the end of December.
Newsletter

Related Articles

Hong Kong News
0:00
0:00
Close
It's always the people with the dirty hands pointing their fingers
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Steve Jobs' Son Launches Venture Capital Firm With $200 Million For Cancer Treatments
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
End of Viagra? FDA approved a gel against erectile dysfunction
UK sanctions Russians judges over dual British national Kara-Murza's trial
US restricts visa-free travel for Hungarian passport holders because of security concerns
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Political leader from South Africa, Julius Malema, led violent racist chants at a massive rally on Saturday
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
'I am not your servant': IndiGo crew member, passenger get into row over airline meal
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Spanish Citizenship Granted to Iranian chess player who removed hijab
US Senate Republican Mitch McConnell freezes up, leaves press conference
Speaker McCarthy says the United States House of Representatives is getting ready to impeach Joe Biden.
San Francisco car crash
This camera man is a genius
3D ad in front of Burj Khalifa
Next level gaming
BMW driver…
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
×