CTF promotes digital payment
Promotes
Cross-border
Intelligent
Consumption
Chow
Tai Fook Jewellery Group Limited (CTF) announces that the Group and Tencent
signed a memorandum of agreement. Starting from next year, WeChat Pay Hong Kong
can be used for all purchases at designated CTF Jewellery stores in Mainland
China, encouraging Hong Kong people to use digital payment in Hong Kong dollars
and significantly enhancing Hong Kong consumers’ life experience.
The
Group also plans to gradually promote WeChat Pay HK to more CTF Jewellery stores
in the Greater Bay Area and other cities across Mainland China and further
extend this convenient payment method to the points-of-sale of other brands
under the Group.
Designated
CTF Jewellery stores in Mainland China to launch WeChat Pay HK payment next
year:
In
the partnership, a Hong Kong jewellery group realises the use of WeChat Pay HK
in both Mainland China and Hong Kong, providing utmost convenience to Hong Kong
consumers to pay for goods or services denominated in Renminbi with WeChat Pay
HK, while realising the concept of the “one-hour living zone” for Hong Kong
people in the Greater Bay Area.
The
two parties will also facilitate members of Chow Tai Fook Jewellery Group to
settle payment with WeChat Pay HK upon purchase and enjoy relevant promotional
offers. Bobby Liu, Executive Director of Chow Tai Fook Jewellery Group, said, “Striving
for innovations and breakthroughs, we are committed to providing seamless and
exceptional consumer experience through a wide range of innovative projects.
Chow
Tai Fook Jewellery Group is honoured to partner with Tencent. The introduction
of advanced technology has made the convenience in offering cross-border
consumption, online payments and an integrated online-to-offline shopping
experience available to customers from Hong Kong.”
Royal
Chen, Vice President of Tencent Financial Technology, added, “Our collaboration
with Chow Tai Fook Jewellery Group will fully make use of the available mobile
payment technology. Tencent Technology will vigorously promote cross-border
financial cooperation. Leveraging financial and technological advancements, we
aim to build a truly integrated service platform for those living in both Hong
Kong and Mainland China.”
Co-exploring
cross-border financial partnerships for intelligent living Chow Tai Fook
Jewellery Group and Tencent will jointly open further collaboration
opportunities in “intelligent consumption” with ID verification for Chow Tai
Fook membership programme via mobile scanning, providing members with more
promotional offers and convenience.
Howe Zheng, Vice
President of Tencent Financial Technology, stated, “Tencent Fin-Tech and Chow
Tai Fook Jewellery Group will jointly explore and research the proposals for ID
verification in order to catalyse the flow of capital and manpower resources
across the border.”
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