Cross-border payment platform is officially launched today, with the first transaction in China landing in Shenzhen.

Today, the cross-border payment channel officially launched, marking the interconnectedness of the mainland and Hong Kong fast payment systems. In the future, residents from both places can conduct cross-border remittances in real time. Today, the first cross-border payment transaction for mainland residents to send money southward and Hong Kong residents to send money northward has landed in Shenzhen.