Octopus Cards Limited (Licence Number: SVF0001)Operating under the Stored Value Facilities Licence, Octopus Cards Limited (OCL) provides diverse offline and online Octopus payment services to meet customers' different payment needs. Launched in 1997 by OCL, the Octopus system in Hong Kong is one of the world's leading and most extensively accepted contactless smartcard payment systems. Today, more than 35 million Octopus are in circulation. The Octopus system handles 15 million transactions a day, with an aggregate transaction value exceeding HK$208 million. It is used by over 13,000 service providers at some 23,000 retail outlets in the market, spanning businesses including public transport, parking, retail, self-help services, schools and leisure facilities, and access control for residential and commercial buildings. Octopus' application has been extended to online and mobile payment arenas, with products including Octopus O! ePay, Octopus App, Smart Octopus in Samsung Pay and Octopus Mobile SIM, bringing new payment experiences to customers. The Octopus Group exports its unique experience and technology overseas, offering consultancy services across the world. (Last updated: August 2018)

Website: octopus.com.hk

Employees: 250 - 499

HQ: N/A

Location: N/A, N/A, hk

Revenue: Not Available

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Octopus Holdings Limited, a leading financial services provider in Hong Kong, operates under the Stored Value Facilities Licence and offers a range of offline and online payment services through its Octopus payment system. Launched in 1997, the system has become one of the world's most extensively accepted contactless smartcard payment systems, with over 35 million cards in circulation and handling 15 million transactions daily. The system is used by over 13,000 service providers at 23,000 retail outlets, spanning various industries including public transport, parking, retail, self-help services, schools, and leisure facilities, as well as access control for residential and commercial buildings. In addition to its extensive offline payment network, Octopus has extended its application to online and mobile payment arenas, offering products such as Octopus O! ePay, Octopus App, Smart Octopus in Samsung Pay, and Octopus Mobile SIM. These innovative payment solutions bring new payment experiences to customers, further solidifying Octopus' position as a leader in the financial services industry. The company's unique experience and technology have also been exported overseas, offering consultancy services across the world. With a strong management team led by Chief Executive Officer Angus Lee and Deputy General Manager Carlton Ng, Octopus Holdings Limited continues to drive innovation and growth in the financial services sector.

Octopus Cards Limited (OCL) is a company that provides payment services using a special card called Octopus. This card can be used to make payments online and in person, and it's really popular in Hong Kong. In fact, there are over 35 million Octopus cards being used, and the system handles a lot of transactions every day - 15 million to be exact, with a total value of over HK$208 million. The Octopus card can be used in many different places, like public transportation, parking lots, stores, schools, and even to get into some buildings. You can also use it to pay for things online or on your phone with apps like Octopus O! ePay, Octopus App, Smart Octopus in Samsung Pay, and Octopus Mobile SIM. The company that runs Octopus, OCL, has been around since 1997, and they've been doing really well. They've even started sharing their technology and knowledge with other countries, offering consulting services to help them set up their own payment systems.