Business Daily Media

The Times


.

Octopus expands seamless payment experience nationwide this December

HONG KONG SAR - Media OutReach Newswire - 18 December 2024 - Octopus Cards Limited ("Octopus") is expanding its fast, simple, and secure payment experience for customers traveling in the Mainland.



Launch of WeChat QR for CUP (EN)


Starting this December, customers can scan to pay at merchants accepting Weixin Pay QR code payment, using Octopus wallet, enabling customers to seamlessly top up in Hong Kong Dollars and pay like a local in Mainland China.

This initiative builds on Octopus' commitment to simplifying travel and cross-border commerce for Hong Kong residents: from the Octopus UnionPay card launched two years ago for worldwide QR payments to the Octopus-China T-Union card for public transport in more than 336 cities nationwide.

For visitors to Hong Kong, Octopus opened its network to allow QR payments from all the major digital wallets in China, accelerating the digitalisation of the taxi fleet, and making digital payments more readily available.

Octopus is committed to providing cross-border payment solutions for Hong Kong residents and Mainland travellers, enhancing convenience for both tourism and business travel. This new Weixin Pay QR code solutions significantly increases payment acceptance points in Mainland China, further enriching the travel experience for Octopus customers as they explore more regions across the country.

To encourage adoption of the new service, Octopus will waive foreign exchange transaction fees until 31 December 2024.

Hashtag: #八達通 #OctopusCards

The issuer is solely responsible for the content of this announcement.

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 24 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 almost 190,000 Octopus acceptance points in the market. Octopus' application has been extended to online and mobile payment arenas with services including Octopus on iPhone and Apple Watch, Octopus on Samsung Pay, Octopus on Huawei Pay, Octopus App, Octopus Wallet, Octopus Mastercard® and UnionPay, 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. For more information about OCL, please visit .

News from Asia

BATIC 2026: Global Digital Leaders Unite to Build APAC's Connectivity, Cloud, and AI Future

BATIC 2026 brought together more than 2,700 delegates from over 760 companies across 67 countries, reaffirming that resilient connectivity, cloud, and AI can only be built through solid ecosystem c...

Forest City SFZ Clarifies Incentive Framework for Fintech and AI-Enabled Financial Services Alongside Malaysia Digital Incentives

Forest City SFZ sets out who may qualify for its 5% special corporate tax rate, how the separate Malaysia Digital tax incentive works, and which activities and conditions apply to each scheme...

XcanMow Mix 2000 Robot Mower Makes Its European Debut at IFA Berlin 2026

LiDAR and camera vision in place of the buried wire and the RTK antenna — Booth CCBB-154, 4-8 SeptemberBELIN, GERMANY - Media OutReach Newswire - 29 August 2026 - Xcanbot arrives at IFA Berlin 202...

Driven by Ambition: Indonesian Student Clarrence Mae Charts Her Future at CUHK

HONG KONG SAR - Media OutReach Newswire - 28 August 2026 - For many aspiring business leaders in Southeast Asia, Hong Kong represents more than a study destination; it is a gateway to global marke...

TrendAI™ Ranks First on CyberGym Agentic AI Security Benchmark

The 97% success rate places TrendAI™ ahead of all other entrants on the AI security benchmarkHONG KONG SAR – Media OutReach Newswire – 28 August 2026 – The TrendAI™ agentic exploit-remediation eng...

Apical Strengthens Collaboration to Prevent Stunting Through Nutritious Menu Creation Competition

SINGAPORE – Media OutReach Newswire – 28 August 2026 – Apical, through its operating unit PT Kutai Refinery Nusantara (KRN), recently organised a nutritious menu creation competition for children ...

DTC World Repositions as a Creative Merchandise Company, Putting Campaign Objectives Before Product

Singapore-headquartered company adopts a campaign-led model for consumer brands across Asia-Pacific, designing creative merchandise that consumers choose to keep.SINGAPORE - Media OutReach Newswir...

Astrum Space Inc to Go Public Through Business Combination With Black Spade Acquisition III Co

Astrum Space Inc ("Astrum") is developing a next-generation satellite-to-device ("S2D") broadcast network to serve the Asia-Pacific region. Astrum holds 25 MHz of contiguous L-ban...

"Siam Paragon Bangkok Watch Week 2026" Elevates Bangkok as a Global Watch Destination

Bringing Together More Than 45 Leading Watch Brands to Celebrate Watch Culture Through The Symposium, Featuring Influential Voices from the World of Horology and Discover Exclusive Exhibitions a...

HKPC Launches "AI for All" Inclusive Programme

Empowering SMEs and Working Professionals to Embrace AI and Foster Widespread AI Adoption in Hong KongHONG KONG SAR – Media OutReach Newswire – 28 August 2026 – The Hong Kong Productivity Council ...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...