It was launched at the end of January 2007 to coincide with the beginning of the Year of the Pig, it features two differently designed versions of the card and is sold for HK$138 per set.  The stored data about the transaction may be transmitted by network after hours, or in the case of offline mobile readers may be retrieved by a hand held device, for example a Pocket PC. The reader will acknowledge payment by emitting a beep, and displaying the amount deducted and the remaining balance of the card.  In addition to all the functions of an ordinary card, this card can be used as a key card for access to residential and office buildings. , Octopus cards also double as access control cards in buildings and for school administrative functions. MTR is much safer.” While the MTR Corporation says each person should only get one testing kit, some got more than one using more than one Octopus card or by simply returning to the queue. Price for Sold Tourist Octopus purchased from MTR Ticket and Octopus Selling Machines (Credit card, AliPay, WeChat Pay, Octopus only) at Hong Kong International Airport (Arrival Hall adjacent to Hall A and Hall B exits to Airport Station) - HK$150 which comprises card purchase fee … If the value on your Octopus card is zero or negative, it cannot be used until it is reloaded; Your Octopus card can be reloaded by cash at thousands of locations throughout Hong Kong (ex. The Octopus card was originally introduced for fare payment on the MTR; however, the use of the card quickly expanded to other retail businesses in Hong Kong. The Octopus card won the Chairman's Award of the World Information Technology and Services Alliance's 2006 Global IT Excellence Award for, among other things, being the world's leading complex automatic fare collection and contactless smartcard payment system. MTR Student Travel Scheme 2020-21 (namely Student Octopus Card) Similar to last year, the paper application form can be collected and stamped at the SAO office if you want to continue the validity of your student octopus card in 2020-21. MTR: Octopus Card - See 23,660 traveler reviews, 3,063 candid photos, and great deals for Hong Kong, China, at Tripadvisor.  The rewards that the program offers are in the form of points, or reward dollars, stored on the card. The card is now commonly used in most public transport, fast food restaurants, supermarkets, vending machines , convenience stores, photo booths , parking meters , car parks and many other retails business where small payments are frequently made … The operating range of the reader/writer is between 30 and 100 mm (1.18 and 3.94 in) depending on the type of model being used.. Once a card is registered for the program, the cardholder may accumulate reward points by making purchases at participating merchants, and payments may be made in the form of cash, credit cards, or Octopus cards themselves. In practice, different data collection mechanisms are used by different transport operators, depending on the nature of their business. The company then announced that the use of the payment system, Electronic Payment Services (EPS), at add-value service points would be suspended until further notice, and that it had started an investigation into the reasons for the problem. , In contrast to On-Loan cards, Sold cards are sponsored and branded cards. Launched in September 1997, Octopus is the pioneering electronic fare collection system that makes travelling easier and more enjoyable. Octopus are available in Adult, Elder, Child and Personalised versions.  It is also considered a lucky number in Chinese culture, and the phrase baat daaht can possibly be associated with the similar-sounding faat daaht, which means "getting wealthy" (Chinese: 發達) in Cantonese. Passengers have the option of paying a premium to enjoy the East Rail Line's First Class Service. Each set comes with an Adult Octopus card, with a pouch for the card, a matching strap and a Mcmug or Mcdull ornament. Payments can be done by simply tapping your phone is powered off or out-of-battery*. Negative value is incurred on a card if it is used with insufficient funds – both types of cards may carry a maximum negative value of HK$35 or HK$50(depends on card issue date) before value needs to be added to them again for use. The company stated that it would co-operate with EPS Company Limited, operator of Electronic Payment Services, and banks, to contact customers involved and arrange a refund within ten weeks' time. On 20 April 2000, the Hong Kong Monetary Authority authorised the company for deposit-taking, which allowed for 50 per cent of Octopus card transactions to be unrelated to transport. , Notable businesses that started accepting Octopus cards at a very early stage include PARKnSHOP, Wellcome, Watsons, 7-Eleven, Starbucks, McDonald's, and Circle K. As of 21 November 2004, all parking meters in Hong Kong were converted. In general, all cards can top-up in multiples of HK$50. , Adult version of the Octopus card since 2017, World Information Technology and Services Alliance, "Shopping without cash: The emergence of the e-purse", "Coercing Consensus: Unintended success of the Octopus electronic payment system", "Hong Kong Monetary Authority Annual Report 1997", "Development of KMB's Octopus Payment System", "Survey of electronic money developments", "Octopus-card operated parking meters to launch on 29 June", "Smart Card Case Studies and Implementation Profiles", "View from abroad: Hong Kong's 'Octopus card' technology puts even credit card to shame", "Journey Time & Fare: Chai Wan to Tung Chung", "Citybus & NWFB Offer New Octopus Same Day Return Fare Discounts on Jointly-operated Cross Harbour Tunnel Routes from 1 July", "Octopus To Be Used in Hong Kong By First Batch of Taxis", "Setback for Octopus Card Trial in Taxis in HK", "Octopus tries to get Hong Kong taxis on board with card reader app", "Octopus Joins Forces with Fairwood and China UnionPay to Introduce Octopus to Shenzhen", "Octopus joins forces with China UnionPay and Café de Coral to Expand Octopus Payment Service in Shenzhen", "Octopus Extends to Macau with First Acceptance of Octopus Payments at KFC", "Reload Your Octopus: Other Reload Methods", "Upgrade your Octopus stored value limit to HK$3,000 to enjoy a more flexible payment experience! ", "FAQ: What is the difference between On-loan Octopus and Sold Octopus? Hectic but quick. The "Student Status" encoded on a Personalised Octopus is valid for MTR travel only. The stations are clean and conveniently located in all major places.  The company was founded as Creative Star Limited in 1994 to oversee the development and implementation of the Octopus card system, and was renamed as its current name of Octopus Cards Limited in 2002. Application Procedures of the Student Octopus Card (For all UGC-funded UG programmes and BCom (Hons) in Accountancy) MTR Student Travel Scheme Skip to main content It was selected by the head of the MTR Corporation, the parent company of Octopus Cards Limited, in a naming competition held in 1996.  Also, other than taxi corporation overseas, most drivers are self-employed. Less literally though the meaning is taken as the "go-everywhere pass". Three years of trials, the operator January 2002 the loss of an Octopus card to widely! 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Octopus cards and a few slower ones with single journey tickets located at Luohu city.
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