According to a survey conducted in Hong Kong in 2021, around two-thirds of Interviewed SMBs who planned to implement new payment options named attracting new customers as their reason. Additionally, 56 percent of the respondents said they adopted new digital payment methods to improve customers' experience.
Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021
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Share of respondents
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PayPal. (January 6, 2022). Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021 [Graph]. In Statista. Retrieved September 09, 2024, from https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/
PayPal. "Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021." Chart. January 6, 2022. Statista. Accessed September 09, 2024. https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/
PayPal. (2022). Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021. Statista. Statista Inc.. Accessed: September 09, 2024. https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/
PayPal. "Leading Reasons for Small- and Medium-sized Businesses to Invest in Online Payment in Hong Kong as of October 2021." Statista, Statista Inc., 6 Jan 2022, https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/
PayPal, Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021 Statista, https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/ (last visited September 09, 2024)
Leading reasons for small- and medium-sized businesses to invest in online payment in Hong Kong as of October 2021 [Graph], PayPal, January 6, 2022. [Online]. Available: https://www.statista.com/statistics/1307997/hong-kong-leading-reasons-for-small-and-medium-sized-business-to-invest-in-digital-payment/