Hong Kong Restaurants Shift Away from Octopus E-Payments to Cut Costs
Tuesday, 9 July 2024, 00:30
Key Points:
Some Hong Kong restaurants are opting out of using Octopus e-payments.
This decision is driven by a need to reduce costs amid a business downturn.
Businesses initially adopted the system during the Covid-19 pandemic.
- Some Hong Kong restaurants are choosing to forego the use of Octopus e-payments as a cost-saving measure in response to a business decline.
- This decision comes after these businesses initially embraced the payment system during the Covid-19 pandemic to take advantage of government e-vouchers.
- The move reflects a strategic shift towards reducing operational expenses amidst challenging economic conditions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.