Roughly half opt for locally registered mobile payment platforms, while remainder prefer to use electronic consumption cards.
Macao Monetary Authority
Webpage Q&A explains in simple steps how to register, and where the scheme – which runs until end of next February – can be used.
Online registration runs from 10 May to 13 January 2023. Fund valid until 28 February next year.
AMCM says pataca exchange rate dropped against currencies of Macao’s major trading partners on a monthly basis but grew on an annual basis.
Credit card turnover hit MOP 5.3 billion in last quarter of 2021; mobile payment tools becoming more popular.
Chief suspect refuses to cooperate with police; whereabouts of zodiac and commemorative handover bills still unknown.
Developing the securities market regarded as a major step forward in the diversification of Macao’s economy.
All 31 banks in the city taking part in new pataca-only scheme; officials eyeing transfers to Hong Kong dollars and renminbi for next phase.
Residents reminded that sign-up deadline is Friday 10 December; cards must be picked up by Monday 13 December.
