Published: 8:56pm, 17 Nov, 2016 Updated: 2:54pm, 20 Jul, 2018
Hong Kong's Octopus mobile payment app O! ePay has increased the maximum amount that can be transferred using the basic version of the app from HKD$3,000 ($387) every two days to HK$3,000 a day. After the company secured one of the city's first licences for stored-value mobile payment facilities in August, competition between the 13 providers, including WeChat Pay and Alipay Wallet, is expected to intensify.