Statistics of payment cards issued in Hong Kong for first quarter 2025
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) published today (June 20) statistics of payment cards issued in Hong Kong for the first quarter of 2025.
The payment card statistics (see Annex) include quarterly data on credit and debit cards issued in Hong Kong under the credit and/or debit card schemes of the eight payment card scheme operators (Note 1). The HKMA began to publish the payment card statistics on a quarterly basis in June 2010 to enhance transparency of the payment card industry in Hong Kong, in line with international practice.
According to the quarterly statistics, the total number of credit cards in circulation (Note 2) was 21.88 million by the end of Q1/2025. The figure represents a 4.5 per cent increase from the previous quarter and a 9.5 per cent increase from the previous year. The number and value of credit card transactions (including retail sales and cash advances) (Note 3) are susceptible to seasonal factors and the general economic environment, making the trends more prone to fluctuation. The total number of credit card transactions was 332.44 million for Q1/2025, representing a 2.0 per cent decrease from the previous quarter and a 10.0 per cent increase from the same period in 2024. The total value of credit card transactions was HK$274.1 billion for Q1/2025, representing a 1.0 per cent increasefrom the previous quarter and a 8.4 per cent increasefrom the same period in 2024. Of the total transaction value, HK$186.1 billion (67.9 per cent) was related to retail spending in Hong Kong, HK$79.0 billion (28.8 per cent) in retail spending overseas and HK$9.0 billion (3.3 per cent) in cash advances.
The total number of debit cards in circulation is not available due to overlapping of debit card brands in a single card. Like the number and value of credit card transactions, the number and value of debit card transactions in relation to retail sales and bills payments (Note 4) are also affected by seasonal factors. On a quarterly basis, the total number of debit card transactions in relation to retail sales and bills payments decreased by 1.8 per cent to54.48 million while the total value increasedby 1.1 per cent to HK$73.8 billion in Q1/2025. When compared to the same period in 2024, the total number increasedby 12.8 per cent and the total value droppedby 2.0 per cent in Q1/2025.
Note 1:The payment card statistics are compiled from data on credit and debit cards issued in Hong Kong by both authorized institutions (AIs) and non-authorized institutions (non-AIs) under the credit and/or debit card schemes of the eight payment card scheme operators ("the card operators"). The card operators, in alphabetical order, are American Express International, Inc., Discover Financial Services (Hong Kong) Limited, EPS Company (Hong Kong) Limited (EPSCO), JCB International (Asia) Ltd, Joint Electronic Teller Services Ltd. (JETCO), MasterCard Asia/Pacific Pte. Ltd., UnionPay International Co. Ltd and Visa Worldwide Pte. Limited.
Note 2:A credit card issued in Hong Kong only carries one credit card brand. The total number of credit cards in circulation refers to the total number of credit cards (i.e. cards with a credit function) issued in Hong Kong under the credit card schemes of card operators (but excluding EPSCO and JETCO, which do not operate a credit card scheme). Some of these credit cards carry debit card functions, i.e. the credit card can be used for making purchases/payments or cash withdrawal at ATMs through directly debiting cardholders' bank accounts.
Note 3: The total number/value of credit card transactions refer to the total number/value of transactions made via credit card accounts of credit cards issued in Hong Kong under the credit card schemes of card operators (excluding EPSCO and JETCO). Starting from March 2015, a Hong Kong/overseas spending breakdown of credit card retail sales transactions is provided.
Note 4:The total number/value of debit card transactions in relation to retail sales/bill payments refers to the total number/value of those transactions made via debiting cardholders' bank accounts. Some of the eight card operators do not operate a debit card scheme. Care should be exercised in combining the credit card retail sales figures and the debit card retail sales/bills payment figures because of the possibility of double counting.
All 12th NGD and 9th NSOG competition events in Hong Kong conclude
The National Games Coordination Office (Hong Kong) (NGCO) today (December 14) announced that the three competition events of the 12th National Games for Persons with Disabilities (NGD) and the 9th National Special Olympic Games (NSOG) in Hong Kong, namely boccia, wheelchair fencing and para table tennis (TT11), concluded on the last day of competition. Together with the NSOG table tennis competition which concluded on December 9, all competition events in the Hong Kong competition region have been completed smoothly.
The boccia event was held at Kai Tak Arena, with a total of 14 gold medals awarded. Around 100 athletes from 13 teams from the Mainland, Hong Kong and Macao took part. Among them, Hong Kong sent 11 male athletes and eight female athletes, and won four gold, four silver and four bronze medals, totalling 12 medals.
The Hong Kong Jockey Club Trophy wheelchair fencing competition was held at Ma On Shan Sports Centre, with a sum of 24 gold medals presented. Over 80 athletes from 10 teams from the Mainland, Hong Kong and Macao participated in the competition. Hong Kong fielded seven male athletes and six female athletes, claiming one silver and two bronze medals, amounting to three medals altogether.
As for the Hong Kong Jockey Club Trophy para table tennis (TT11) competition held at Tsuen Wan Sports Centre, a total of five gold medals were awarded. 36 athletes from 13 teams from the Mainland, Hong Kong and Macao competed in the event, including seven male athletes and five female athletes from Hong Kong. The Hong Kong team achieved one silver and five bronze medals, adding up to six medals in total.
The Special Olympics table tennis competition was also held at Tsuen Wan Sports Centre earlier, with a total of 78 gold medals awarded. Over 150 athletes from 29 teams from the Mainland, Hong Kong and Macao joined the competition. Six male athletes and five female athletes from Hong Kong won nine gold, six silver and four bronze medals, totalling 19 medals.
Across various events of the 12th NGD and the 9th NSOG this year, the Hong Kong Special Administrative Region fielded over 280 athletes supported by about 140 accompanying team officials and medical personnel taking part in 14 competition events and four mass participation events of the NGD, as well as seven events of the NSOG, forming the largest delegation ever. The Hong Kong team won a total of 51 gold, 49 silver and 40 bronze medals, totalling 140 medals, achieving historic results.
A spokesperson for the NGCO said that the 12th NGD and the 9th NSOG, co-hosted for the first time by Guangdong, Hong Kong and Macao, brought together outstanding athletes from across the country. They demonstrated indomitable sportsmanship and remarkable athletic prowess in the competitions.While extending congratulations to all medallists, the spokesperson also expressed gratitude to various relevant government departments, sports organisations and related institutions for their full support and assistance in staging the events, and the public and volunteers for their enthusiastic support, which enabled the smooth running of all events in the Hong Kong competition region and the successful conclusion of the 12th NGD and the 9th NSOG.
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
All 12th NGD and 9th NSOG competition events in Hong Kong conclude Source: HKSAR Government Press Releases
