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CTF to launch e-payment system with Tencent

18-12-2018

 

Chow Tai Fook (CTF) signed a memorandum of cooperation with Tencent. CTF will commence WeChat Pay HK in designated stores in Mainland China next year. Hong Kongers can pay HKD through the program while the payment will be in RMB. The Group will then promote WeChat Pay HK to other outlets in the Greater Bay Area and other cities across mainland China, and further expand the payment method to subsidiaries under CTF. CTF and Tencent are now jointly developing the ‘smart payment’ with membership verification via smartphone scanning code.

 

Liu Chun Wai, executive director of Chow Tai Fook Jewellery Group said: “We strive for innovation and breakthroughs to provide customers with a seamlessly superb consumer experience. The group is honoured to cooperate with Tencent in technology to bring convenience to Hong Kong people in cross-border consumption and online payment in Mainland China, as well as an online and offline integrated consumer experience.”

 

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