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  • August 22, 2014
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  1. Using Octopus cards could speed payment of border tax

    Posted Sep 20th 2003, 12:00am by Ella Lee

    ... It would shorten processing time for travellers and prevent congestion Using Octopus cards to pay the proposed $18 border tax could shorten the time it takes to process travellers, ... wait an average of 15 minutes before the clearance begins. It said both the Kowloon-Canton Railway and the company handling the Octopus cards believed it was feasible to collect the proposed ...

  2. MTRC's Octopus spreads tentacles

    Posted Nov 04th 2003, 12:00am by Denise Tsang

    ... by the MTRC's subsidiary Octopus Cards, debuted in Hong Kong in 1997. Nearly 10 million Octopus cards are in circulation, or 1.5 cards for every Hong Kong resident. The system handles daily transactions ... and schools as security cards. These services are already available in Hong Kong. Octopus churned out a $19 million net profit in the first six months of this year and $68 million last year. well paid ...

  3. Octopus strengthens grip and extends reach

    Posted Dec 12th 2003, 12:00am by Robert Pierce

    ... Suzanne Dennis and Robert Pierce A landmark year sees the firm spread its easy-payment option across Hong Kong and sell its technology overseas For Octopus Cards chief executive Eric Tai ... the much-vaunted cashless society and a time when wallets, now bristling with plastic, will need to contain only three cards- the smart ID card, a credit card and an Octopus card. 'One of the major ...

  4. Transport operators have choice on Octopus

    Posted Jul 08th 2003, 12:00am by Staff Reporter

    ... including the payment method they accept, be it cash or other forms of card payment. Octopus intends to serve our transport operators and merchants effectively and efficiently through the provision ... Octopus Cards BROADBAND HOPEFUL HITS PCCW BLOCK PCCW may wonder why they are having difficulties. My experience with them, which I would like to share, just highlights the problems consumers face ...

  5. Cashless cabbies

    Posted Dec 31st 2003, 12:00am by Tony Camaropolous

    ... this trend has crossed over into the realm of transport, and is manifest in the form of an all-purpose debit card that can be used to pay for getting around town. Guangzhou's Yangcheng cards, similar to Hong Kong's Octopus cards, were introduced in 2001. The plastic cards are a godsend to many commuters: They can be used for subway rides, buses, ferries and even meals at some ...

  6. Taken for a ride with station check-in service

    Posted Aug 01st 2003, 12:00am by Staff Reporter

    ... Beee-bop went our Octopus card as we went through the barriers and $100 zipped off to MTRC coffers. Yesterday morning we again visited the in-town check-in, to check-in, when our Octopus went doo ... on your card. This means that if you use your Octopus more than 10 times (minibus, 7-Eleven, McDonald's, etc) from the first time you enter the in-town check-in, the barrier ...

  7. MTRC to share gains with Octopus

    Posted Nov 12th 2003, 12:00am by Denise Tsang

    ... Denise Tsang MTR Corp (MTRC) and its subsidiary Octopus Cards will share a combined $200 million income from a consultancy project in the Netherlands, which will introduce the popular Octopus electronic payment system nationally. The two firms will be responsible for providing the central clearing system software and operating the electronic ticketing system ...

  8. Card crisis

    Posted Nov 04th 2003, 12:00am by Sonia Kolesnikov

    ... manufacturing costs (despite an obvious high production), and are pointing to the success of the Octopus card in Hong Kong. In a way, the EZ-Link system underlines the problem of going cashless. ... The success of the Octopus cards has been down to the fact that they are multi-purpose, with commuters using them to pay for goods. Some are suggesting that the EZ-Link scheme should follow suit. ...

  9. Asia will have Visa smart cards by 2008

    Posted Aug 21st 2003, 12:00am by Raymond Ma

    ... to be IC-enabled by 2006. Visa International also said it was considering implementing contact-free credit card technology - similar to that employed by Octopus cards in Hong Kong - in its Visa Mini credit ... The chip-enabled product will replace magnetic stripe credit cards to cut fraud Visa International aims to replace its magnetic stripe-based credit cards with computer chip-enabled smart ...

  10. City Briefs

    Posted Jul 19th 2003, 12:00am by Staff Reporter

    ... The Kowloon-Canton Railway Corporation says it is offering passengers who travel with an Octopus card additional discounts between July 21 and August 10. People travelling between those dates will win ... Octopus Cards on two domestic rides made on the same day. That scheme runs until August 31. $1.6m in taxi parts stolen Burglars made off with a haul of spare taxi parts worth $1.66 million after ...




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