Hong Kong Business Directory

Company Background

About Octopus Cards Limited (Licence Number: SVF0001)

Operating under the Stored Value Facilities Licence, Octopus Cards Limited (OCL) provides innovative offline and online Octopus payment services to meet customers’ diverse 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. Its aspiration is to bring diversity and inclusion in payment to customers of all facets of life.

Today, more than 36 million Octopus cards and products are in circulation; spanning businesses including public transport, parking, retail, self-help services, schools and leisure facilities, and access control for residential and commercial buildings. There are over 62,000 retail and F&B outlets in the market accepting Octopus payment. Octopus’ application has been extended to online and mobile payment arenas with services including Octopus Wallet, Octopus App, Octopus on iPhone and Apple Watch, Smart Octopus in Samsung Pay, Huawei Pay Octopus and Octopus Mastercard, bringing new payment experiences to customers.

The Octopus Group exports its unique experience and technology overseas, offering consultancy services across the world. The mission of OCL is simple: Making everyday life easier by using innovative payment technology. For more information about OCL, please visit www.octopus.com.hk

May 2021

Business Activities

Prepaid smart card services