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Octopus

Octopus
The latest news and top stories on Octopus. A Hong Kong-based entity in the Financial Technology (FinTech) sector, Octopus specialises in its stored-value smart card system. It primarily serves Hong Kong residents and businesses and is known for its near-ubiquitous adoption, with 98 per cent penetration among residents aged 15-64.
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40,000 taxi drivers sign up for e-payment systems as new rules come into force

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Over 47,000 cabbies adopt Octopus, card readers ahead of e-payment deadline

New measures require taxi drivers to provide at least two e-payment options, as part of broader government push to modernise industry image.

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