Statistics of Stored Value Facilities (SVF) Schemes Issued by SVF Licensees

The Hong Kong Monetary Authority (HKMA) published today (18 June) statistics on SVF schemes issued by SVF licensees for the first quarter of 2026.

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 88.78 million at the end of Q1/2026, representing a 2.7% increase from the previous quarter.  The total number of SVF transactions was around 2.2 billion in Q1/2026, or 3.6% lower than the previous quarter.  The total value of SVF transactions was HK$264.6 billion in Q1/2026, representing a 2.9% decrease from the previous quarter.  Of the total transaction value, HK$47 billion was related to point-of-sale spending payment, HK$34.4 billion in online spending payment, HK$17 billion in P2P funds transfer, HK$59.5 billion in withdrawal and HK$106.7 billion in add value.  The total float and SVF deposit (Note 2) was HK$21.7 billion at the end of Q1/2026, 0.7% higher than the previous quarter.

As compared with the end of Q1/2025, the total number of SVF accounts in use at the end of Q1/2026 was up by 9.7%, and the total float and SVF deposit was up by 11.4%.  The total number of SVF transactions during Q1/2026 was up by 5.1% year-on-year but the total value during the period was down by 8.2% year-on-year.

Hong Kong Monetary Authority
18 June 2026

Notes:

1. “Total number of SVF accounts in use” refers to the total number of SVF accounts that can be used as at the end of the reporting period.
2. The terms “float” and “SVF deposit” follow their definitions in the Payment Systems and Stored Value Facilities Ordinance.