ID card e-Purse under study in China

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The Government of China has reserved capacity in Hong Kong smart identity cards to develop an e-purse function to fulfill the demand of public.

The Secretary of Commerce & Economic Development of China, Frederick Ma stated that an Purse will allow cardholders to make cash free retail transactions. He stated that the government has set any timetable for implementing an e-Purse option, after considering the Monetary Authority’s views and the market situation. The Transport Department is exploring the legal feasibility of the move with the Department of Justice and the legislative amendments required. The Government Chief Information Officer is implementing a pilot infrastructural authentication service using the secure personal identification number embodied in smart identity cards and card face data for testing the authentication process of e-government services.

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