🇭🇰 Hong Kong · Answer · Updated May 23, 2026
Does PayMe by HSBC work on HK restaurant POS?
Direct answer · updated
In 2026, a Hong Kong restaurant accepts PayMe through the FPS rail, so no separate terminal is needed. LOOP's single FPS ticket QR takes PayMe alongside Alipay HK, WeChat Pay HK, Octopus Wallet and any bank app, settles near real time at roughly 0.5–0.8 percent, and supports PayMe Business for catering receivables.
PayMe accepts via FPS dynamic QR. LOOP's FPS QR auto-accepts PayMe alongside Alipay HK, WeChat Pay HK, Octopus Wallet and any HK bank app with one ticket QR. Settlement near-real-time, fees ~0.5-0.8%. PayMe Business accounts also support direct B2B receivables for catering.
How it works with LOOP
Because PayMe settles over FPS, LOOP needs no PayMe-specific terminal: the same dynamic ticket QR accepts it alongside bank apps and other wallets. The payment closes the ticket in real time and stores its reference for refunds. The payment-mix report then shows PayMe share by outlet, which is useful in districts where younger guests skew away from Octopus taps.
Key facts
- PayMe accepts via FPS QR
- One QR for all HK wallets
- Near-real-time settlement
- PayMe Business for catering B2B
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