The Hong Kong Monetary Authority (HKMA) published today (19 September) statistics on SVF schemes issued by SVF licensees for the second quarter of 2025.
The SVF scheme statistics (see Annex) include quarterly data on SVF schemes issued by the SVF licensees of the relevant periods.
According to the quarterly statistics, the total number of SVF accounts in use (Note 1) was 82.75 million at the end of Q2/2025, representing a 2.3% increase from the previous quarter. The total number of SVF transactions was around 2.1 billion in Q2/2025, or 1.8% higher than the previous quarter. The total value of SVF transactions was HK$285.8 billion in Q2/2025, representing a 0.9% decrease from the previous quarter. Of the total transaction value, HK$43.4 billion was related to point-of-sale spending payment, HK$28.8 billion in online spending payment, HK$20.0 billion in P2P funds transfer, HK$73.0 billion in withdrawal and HK$120.6 billion in add value. The total float and SVF deposit (Note 2) was HK$20.4 billion at the end of Q2/2025, 4.5% higher than the previous quarter.
As compared with the end of Q2/2024, the total number of SVF accounts in use at the end of Q2/2025 was up by 9.8%, and the total float and SVF deposit was up by 13.8%. The total number and value of SVF transactions during Q2/2025 were up by 6.1% and 31.7% respectively year-on-year.
Hong Kong Monetary Authority
19 September 2025
Notes: