Accept and pay out via FPS in Hong Kong
Hong Kong’s Faster Payment System links every major bank and the two dominant wallets (AlipayHK, WeChat Pay HK) in one real-time network, running around the clock in HKD and CNY. For merchants, FPS plus wallet prompts cover essentially the whole territory.
FPS (Faster Payment System) at a glance.
The essentials of Hong Kong SAR’s payment infrastructure — what it is, who runs it, and how fast money actually moves.
| Rail | FPS — instant multi-currency interbank |
| Operator | HKMA; HKICL |
| Clearing | Seconds, final |
| Availability | 24/7/365 |
| Identifiers | Mobile number, e-mail, FPS ID (proxy), account number, QR |
| Currency | HKD (FPS also carries CNY) |
Collecting and paying out.
Both directions of the flow, on one balance.
Pay in · FPS (Faster Payment System)
Pay-in flow: present an FPS QR or proxy prompt; the customer pays from their banking app or AlipayHK/WeChat Pay HK. Confirmation is a final credit with a reference — fast, cheap and familiar. ApeX unifies bank and wallet confirmations under one reconciliation view.
Pay out · FPS (to mobile/email/FPS ID)
Payout flow: disburse HKD by FPS proxy (mobile, e-mail or FPS ID) or bank account in seconds — including weekends. Strong fit for creator payouts, supplier settlements and cross-border staff reimbursement in the SAR.
Settle to stablecoin treasury.
Keep your HKD balance for local spend, or convert to USDT / USDC and withdraw on-chain — the corridor where stablecoin settlement usually pays for itself.
One balance, two worlds
Settlement angle: Hong Kong’s stablecoin and virtual-asset framework is maturing fast, and HKD collections through ApeX settle cleanly to USDT/USDC — or hold HKD for local operating spend. One balance, both worlds.
Payout rails covered
FPS (to mobile/email/FPS ID), bank transfer, wallets (AlipayHK, WeChat Pay HK). Disburse from the same balance you collect into — no separate funding wires.
Common questions.
Can FPS carry currencies other than HKD?
Yes — FPS supports HKD and CNY, which is unusual among instant rails and useful for Greater Bay Area commerce.
Do customers need a bank app to pay?
No — AlipayHK and WeChat Pay HK are FPS-connected, so wallet users pay from the apps they already have.
How fast are FPS payouts?
Seconds, 24/7 — by mobile number, e-mail or FPS ID, with final confirmation and a reference for reconciliation.
Every market, one integration.
Collect HKD locally and settle globally — or add any other corridor from the same balance.
Brazil · Pix
Local collections and payouts via Pix — settle to USDT / USDC or fiat.
India · UPI
Local collections and payouts via UPI — settle to USDT / USDC or fiat.
Philippines · GCash / Maya & InstaPay
Local collections and payouts via GCash / Maya & InstaPay — settle to USDT / USDC or fiat.
Indonesia · QRIS
Local collections and payouts via QRIS — settle to USDT / USDC or fiat.
Vietnam · MoMo / ZaloPay / VNPay & NAPAS
Local collections and payouts via MoMo / ZaloPay / VNPay & NAPAS — settle to USDT / USDC or fiat.
Thailand · PromptPay
Local collections and payouts via PromptPay — settle to USDT / USDC or fiat.
Mexico · SPEI
Local collections and payouts via SPEI — settle to USDT / USDC or fiat.
Colombia · PSE & Nequi
Local collections and payouts via PSE & Nequi — settle to USDT / USDC or fiat.
Nigeria · NIP bank transfers
Local collections and payouts via NIP bank transfers — settle to USDT / USDC or fiat.
Pakistan · Raast & JazzCash / Easypaisa
Local collections and payouts via Raast & JazzCash / Easypaisa — settle to USDT / USDC or fiat.
Kenya · M-Pesa
Local collections and payouts via M-Pesa — settle to USDT / USDC or fiat.
Argentina · Transferencias (CVU/alias)
Local collections and payouts via Transferencias (CVU/alias) — settle to USDT / USDC or fiat.
Singapore · PayNow / FAST
Local collections and payouts via PayNow / FAST — settle to USDT / USDC or fiat.
Malaysia · DuitNow / FPX
Local collections and payouts via DuitNow / FPX — settle to USDT / USDC or fiat.
China · Alipay / WeChat Pay (cross-border)
Local collections and payouts via Alipay / WeChat Pay (cross-border) — settle to USDT / USDC or fiat.
United Kingdom · Faster Payments / Open Banking
Local collections and payouts via Faster Payments / Open Banking — settle to USDT / USDC or fiat.
European Union / SEPA · SEPA Credit Transfer & SCT Inst
Local collections and payouts via SEPA Credit Transfer & SCT Inst — settle to USDT / USDC or fiat.
United States · ACH / RTP / FedNow
Local collections and payouts via ACH / RTP / FedNow — settle to USDT / USDC or fiat.
Australia · NPP (PayID / Osko)
Local collections and payouts via NPP (PayID / Osko) — settle to USDT / USDC or fiat.
Bangladesh · bKash / Nagad (MFS)
Local collections and payouts via bKash / Nagad (MFS) — settle to USDT / USDC or fiat.
Egypt · InstaPay / Fawry
Local collections and payouts via InstaPay / Fawry — settle to USDT / USDC or fiat.
Ghana · MTN MoMo / Telecel Cash
Local collections and payouts via MTN MoMo / Telecel Cash — settle to USDT / USDC or fiat.
South Africa · PayShap / Ozow (pay-by-bank)
Local collections and payouts via PayShap / Ozow (pay-by-bank) — settle to USDT / USDC or fiat.