Cross-border payment channels expansion.
Since Cross-border Payment Pass officially launched on June 22nd, less than a month ago, the number of receiving banks in Hong Kong has expanded to 16. On July 18th, a spokesperson from the Hong Kong Monetary Authority replied to reporters, saying, "Since the launch of Cross-border Payment Pass on June 22nd, the overall operation has been smooth. In addition to the initial participating banks, other Hong Kong banks expected to offer the service will gradually join after completing relevant preparatory work."
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