
BOC Pay+ revived mainland transactions increased by 1.02 times year-on-year
BOC HONG KONG (02388.HK) subsidiary "BoC Pay+" saw a year-on-year increase of 1.02 times in transaction volume during this year's Easter holiday, with the number of trading customers rising by 84%.
Zhao Le Yi, Deputy General Manager of Bank of China Credit Card (International), stated that Hong Kong residents' consumption footprints have expanded beyond just the Greater Bay Area cities to include direct high-speed rail access to Changsha, Wuhan, and even as far as Yunnan, Xinjiang, and Hainan. The main transaction categories are supermarkets, department stores, and dining, while hotel accommodations, street food stalls, and trendy restaurants are popular consumption categories among Hong Kong residents during the holiday period.
Last year, the cumulative number of registered customers for BoC Pay+ increased by 12% year-on-year, with a 10% year-on-year growth in the first quarter of this year

