Nov 2nd, 2022
A new round of electronic consumption vouchers will be distributed to Hong Kong residents from April 2022 in order to support the local economy during the pandemic, according to the Hong Kong 2022-23 Financial Budget announcement.
Similar to last year, the voucher will be in electronic form and distributed in 2 installments. If your business is looking to expand payment gateways to accept the e-voucher from customers, the Navy FAB team will let you know the details below to prepare you earlier!
During the ongoing 2022-23 Hong Kong budget address, Financial Secretary Paul Chan announced that the government would roll out a $64 billion anti-pandemic fund that would include a $20 billion budget to support ailing businesses and Hong Kong residents. The budget will include a new $10,000 consumption voucher scheme to be given to permanent residents in two instalments to boost spending.
The first HK$5,000 will be given out in April to the 6.3 million people who had registered in the last round of the scheme, while the rest will come in mid-2022 and to new applicants.
Eligible Hong Kong permanent residents and new arrival aged 18 or above, including persons entering Hong Kong with the “Permit for Proceeding to Hong Kong and Macau” (commonly called “One-way Permit”) and those as dependents of Hong Kong permanent residents
E-vouchers scheme aims to boost local spending and domestic consumption and accelerate Hong Kong economic recovery. Businesses including food sectors, wet markets, ecommerce platforms such as HKTV mall or online stores operated with company BR are benefited. Please note that e-vouchers cannot be used in foreign merchants, online businesses that do not hold company BR, utility bills like electricity and water bills or for tax payment purposes.
Q: Is the consumption voucher scheme applicable for Hong Kong Shopify?
Q: Which e-payment service operators accept consumption voucher transactions?
Q: Which e-payment methods can Hong Kong online shops install to accept payments from the electronic consumption voucher?
Q: What payment methods on Hong Kong Shopify stores can accept digital consumption vouchers?
Q: What payment methods on Shopline stores in Hong Kong can accept electronic consumption vouchers?
Q: What payment methods on Boutir stores in Hong Kong can accept electronic consumption vouchers?
Q: What payment methods on WooCommerce stores in Hong Kong can accept electronic consumption vouchers?
Q: If our company may not have enough budget and resources to build a new online store, while we still want to be benefited from the 2022 Consumption Voucher Scheme, what would be the fastest and most affordable method to sell my products and accept e-vouchers online?
Rooftop Republic is an award-winning social enterprise committed to creating sustainable cities and communities powered by urban farming. Through their initiatives, they deliver high-quality farm and management services to clients and engage the community through events and workshops.
Get in touch with our services team so that we can assess your business requirements and branding needs.