On Fri, 18 Sep, HKMA published Q2/2026 SVF statistics showing 90.38 million accounts in use ("+1.8% QoQ"), around 2.2 billion transactions worth HK$264.7 billion, and total deposit/float of HK$21.8 billion.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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Publication of Quarterly Stored Value Facility Statistics On Fri, 18 Sep, the Hong Kong Monetary Authority ("HKMA") released its quarterly statistical report pertaining to Stored Value Facilities ("SVF") schemes issued by SVF licensees for Q2/2026. The publication encompasses aggregate operational data on all SVF schemes conducted under licence during the relevant reporting period.
Key Operational Metrics As at the close of Q2/2026, a total of 90.38 million SVF accounts remained in active use, reflecting a sequential increase of 1.8% over the immediately preceding quarter. During said period, approximately 2.2 billion SVF transactions were executed, representing a marginal rise of 0.3% on a quarterly basis. The aggregate monetary value of such transactions amounted to HK$264.7 billion, constituting an incremental increase of 0.1% compared with Q1/2026.
Breakdown of Transaction Value by Category Of the total transaction value of HK$264.7 billion recorded for Q2/2026, the following allocations were noted: point-of-sale spending payments accounted for HK$47.7 billion; online spending payments represented HK$33.8 billion; peer-to-peer ("P2P") fund transfers comprised HK$16.4 billion; withdrawals totalled HK$59.6 billion; and value-adding transactions constituted the largest component at HK$107.2 billion.
SVF Deposit, Float, and Year-on-Year Comparisons The aggregate SVF deposit and float stood at HK$21.8 billion as of the end of Q2/2026, a sequential increase of 0.6%. On an annualised basis when compared with figures recorded at the close of Q2/2025: (i) the total number of SVF accounts in use increased by 9.2%; (ii) the aggregate SVF deposit and float rose by 7.3%; (iii) the volume of SVF transactions grew by 3.6% year-on-year; however, (iv) the corresponding transaction value declined by 7.4% over the same comparative period.
Definitions For the purposes of this report: "Total number of SVF accounts in use" denotes the aggregate count of SVF accounts that are operational and available for utilisation as at the end of the reporting period. The terms "SVF deposit" and "float" carry their respective meanings as prescribed under the Payment Systems and Stored Value Facilities Ordinance.
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