Digital wallets are projected to dominate Hong Kong's payment landscape by 2030, according to Worldpay's 2025 Global Payments Report. The technology is expected to handle 45% of online transactions and 48% of point-of-sale payments, while credit card usage will decline to 32% from current levels of 39% online and 45% in-store. AlipayHK leads the market with 42% user preference. Daniel So, Hong Kong Manager at Worldpay, attributes this shift to increasing smartphone adoption, noting that "payment technologies are becoming increasingly integrated into our daily lives.