January 28, 2021 09:54
Oftentimes, crisis is the best agent to trigger changes, which would otherwise take much longer to happen.
As more people go online to shop or order food through apps amid the pandemic, the government is also doing its part to let people run more errands online by widening the acceptance of online payments through the Faster Payment System (FPS).
Secretary for Financial Services & the Treasury Christopher Hui told lawmakers Wednesday that the initiative is expected to be rolled out by phases in 2022. At least seven departments have started preparatory work. Numerous other departments will also explore the possibility of extending FPS payment to their bills.