Visa Partners with Hong Kong Science Park to Explore Innovation and E-commerce Opportunities

On November 2, 2026, Visa announced the signing of a memorandum of understanding (MOU) with Hong Kong Science Park to establish a strategic cooperation framework during the "Hong Kong FinTech Week x StartmeupHK 2026," aiming to introduce its innovative technologies in global business and payments to Hong Kong, while jointly exploring innovative applications of artificial intelligence (AI) and electronic payments.

Background and Objectives of the Collaboration

Leung Po-ning, Managing Director of Visa Hong Kong and Macau, stated that Hong Kong possesses excellent talent and entrepreneurial vitality, providing favorable conditions for the nurturing of innovative outcomes. This collaboration will combine Visa's global network and technology to assist local fintech and startups in transforming promising ideas into practical solutions, expanding into global markets.

Wong Ping-sheung, CEO of Hong Kong Science Park, emphasized that cross-industry and cross-sector collaboration is key to driving the development of the innovation and technology ecosystem. The partnership with Visa is not only a strategic alliance but also a support for the growth of startups.

Areas of Cooperation and Future Outlook

According to the memorandum of understanding, both parties will collaborate in the following three areas:

• AI and Agent-based Commerce: Utilizing Visa's innovative solutions to develop applicable scenarios for Hong Kong and explore opportunities for expansion into other markets.
• Electronic Payments: Assisting technology companies in promoting the digitization of payments and discovering the application of Visa's global payment capabilities in real business environments.
• Ecological System Exchange and Cooperation: Facilitating knowledge exchange and industry interaction in the fields of AI, fintech, and electronic payments.

Through this collaboration, Visa and Hong Kong Science Park aim to combine global expertise and technology to jointly explore viable solutions, drive future developments in the business and payments sectors, and support the continued growth of Hong Kong's digital economy.