The second phase of vouchers was distributed last Friday, which coincided with the three-day National Day holiday.

AlipayHK transactions surged nearly 750 percent during the three days, as compared to the National Day and Mid-Autumn Festival holidays last year.

The electronic payment platform said it launched hundreds of offers with merchants. As of October 3, over 3 million coupons have been collected by its users, among which coupons for AEON, agnès b., HKTVmall, YOHO and other popular merchants were distributed within a short period on the first day.

In addition, AlipayHK will continue to launch their "Quick Reward Week" for various industries to drive business growth.

The beauty industry will join the activity from September 29 to October 12, with 15 beauty brands offering coupons of over HK$10,000.

Within the two-week Beauty week, L'Oreal Abeille will offer its Royale Set at 31 percent off. L'Occitane will offer HK$50 coupon for the purchase of HK$500 or more, and Shisheido will offer a 47 percent discount for their LiftDefine Radiance Serum.

A limited number of HK$60 beauty coupons will also be given away every day at noon.