Visa Partners Forum 2018.06.15

1. Future of Smart Urban Mobility and
Digital Payments in Hong Kong
Charles Mok
LegislativeCouncillor (InformationTechnology)
Visa Partner Forum
2018-6-15

2. Average Daily Public Transport
Patronage
12,905,000+
Total Vehicles Through Cross Harbour
Tunnels
8,323,358
Average Daily Public Transport Passenger
Journeys by franchised buses
4,071,200
Average Daily Public Transport Passenger
Journeys by railway
5,462,300
Transport in Hong Kong
Source: Transport Department, as of March 2018

3. Intelligent Transport
System & Traffic
Management
Public Transport
Interchange/Bus
Stops & Parking
Environmental
Friendliness in
Transport
Smart Airport
Government
blueprint on

4. What is ‘Smart’? Better experience for all
Smart Mobility Vision
Less
congestion
and
accident
Less
pollution
Less
waiting
More
affordable
choices

5. Goals: make travelling
more seamless and efficient
Reduce motorized traffic
and improve traffic flow
Greener transport: prioritise walking,
biking or using public transport
Real-time data analytics to monitor and
manage demand
Improve efficiency of public
transport
Make quality real-time traffic
data available for multimodal
trip-planning

6. Open,
integrated
payments
Intelligent
traffic / road
management
Smart
parking &
tolling
Electric
vehicle
infrastructure
Connected
autonomous
vehicles
Car-sharing &
Car-pooling
Bike-sharing,
personal
mobility
devices
Dynamic
shuttles &
on-demand
ride services
Real time,
multi-modal
journey
planning
Smart Mobility: What else?
More walkable
environment

7. MOBILITY IN HONG KONG
HOW SMART ARE WE?

8. How much time have we wasted at toll booths?

9. Electronic Road Pricing &
open road tolling system:
being planned

10. Why don’t drivers use
automatic toll
payment?

11. Remote app payment for
parking meters:
In progress
Trial scheme

12. Taxi e-payment:
Turf War

13. QR ticket in MTR
Airport Express only
(for now)

14. Payment on public transport :
same setting for 2 decades?
New: Octopus on smartphone New: Buying MTR ticket with QR code

15. Overseas new approach to payments:
Contactless card / RFID / NFC / QR Code at mass transit gates

16. When will Hongkongers have more
choice over fare payment?
How can it be more convenient?

17. Critical mass reached by smartphone penetration
widespread consumer acceptance of e-payment

18. Hongkongers’ high expectation for
transaction speed, reliability & security
Need to overcome technical issues

19. Overcoming legacy
open standards VS single platform
2019 Q1: Public Transport Fare Subsidy Scheme
- $775M subsidy + $50M recurrent expenditure

20. Opportunities for government
1. Reduce barriers for entry, more competition
2. Boost adoption of newer technologies
3. Incentivise and embrace adoption of open-loop
e-payment solutions
4. More data for planning and development:
Better understand travel patterns, improve
routing

21. Opportunities for public transport agencies
1. New revenue sources, cost savings
2. More convenient customer experience, focus on
value-added services
3. Less expensive transactions
4. Better insight into ridership pattern

22. THANK YOU
www.charlesmok.hk
Facebook: @charlesmokoffice
LinkedIn/Twitter: @charlesmok
Telegram channel: t.me/charlesmok
charlesmok@charlesmok.hk