The Hong Kong Monetary Authority published first quarter 2026 statistics for stored value facility, or SVF, schemes issued by SVF licensees. The data show continued growth in the number of SVF accounts in use and in float and deposits, while transaction volumes and values declined from the previous quarter. At the end of the first quarter, 88.78 million SVF accounts were in use, up 2.7% from the previous quarter and 9.7% from a year earlier. Total float and SVF deposits reached HKD 21.7 billion, up 0.7% quarter on quarter and 11.4% year on year. During the quarter, total SVF transactions were about 2.2 billion, down 3.6% from the previous quarter but up 5.1% from a year earlier, while total transaction value fell 2.9% quarter on quarter and 8.2% year on year to HKD 264.6 billion. Of that value, HKD 47 billion related to point-of-sale spending payments, HKD 34.4 billion to online spending payments, HKD 17 billion to person-to-person funds transfers, HKD 59.5 billion to withdrawals and HKD 106.7 billion to add value transactions.
Hong Kong Monetary Authority2026-06-18
Hong Kong Monetary Authority publishes first quarter 2026 SVF statistics showing 88.78 million active accounts and HKD 264.6 billion in transaction value
The Hong Kong Monetary Authority released first quarter 2026 statistics for SVF schemes issued by licensed providers. SVF accounts in use rose to 88.78 million and float and deposits increased to HKD 21.7 billion, while quarterly transaction activity eased to about 2.2 billion transactions worth HKD 264.6 billion. Year on year, account numbers, float and transaction volumes increased, but total transaction value declined.