HKT, the largest operator in Hong Kong, announced new and enhanced features for its Tap & Go service.

Last month, the operator was one of five firms awarded a stored value facilities (SVF) licence by the Hong Kong Monetary Authority. These are necessary to offer services including mobile payments.

Other licensees include Alipay and Tencent.

HKT, which launched Tap & Go in July last year, needed a SVF licence to continue with its plans in this area. With that hurdle cleared, it can introduce new features and boosting existing offerings.

Paypartner is a new mobile point of sale service that enables retailers, both offline and online, to accept payments via a number of methods, including in-app, online, QR code and payment terminal.

Paymaster enables families to have up to five registered accounts within each household, which helps parents to manage their children’s expenditure and other domestic expenses.

In addition, HKT is enhancing its money transfer service called Paybuddy by adding bill sharing and crowd funding capabilities.