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Hong Kong smart card service in its 11th year

Hong Kong smart card service in its 11th year

Established in 1997, the Octopus Card has become Hong Kong Citizen’s favorite means of payment. Accepted by over 1,000 service providers, 95% of the city’s 7 million inhabitants not only use it to settle bus, metro and ferry fares, but also to pay at convenience stores, supermarkets, fast food restaurants and vending machines.
According to the card’s site, more than 15 million Octopus cards are currently in circulation, and the system handles over 10 million transactions a day, with the daily transaction value exceeding HK$ 80 million [~US$ 10 million].
Sold at the airport and metro stations, the rechargeable card comes in [...]

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