#The Hong Kong Monetary Authority

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Finance

Nov 21, 20161 min read

HKMA grants stored value licences to eight more issuers including PayPal

The Hong Kong Monetary Authority (HKMA) said on Friday that it had granted stored value facilities (SVF) licences to eight more issuers including Paypal Hong Kong Limited, bringing the total to 13. “We are pleased to see companies with diverse backgrounds…