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Octopus to let users block the sharing of personal data

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Octopus Cards will stop sharing cardholders' personal data with its business partners provided the cardholders specify upon joining a reward scheme that they do not wish to receive promotional materials.

The move comes after a political group raised concerns last month as to whether the company freely transferred, or even sold, cardholders' information to its business partners.

Octopus Cards chief executive Prudence Chan said users' consent was always obtained before their personal details were shared with the company's business partners. It does not sell the data, which is used for the marketing of goods and services.

'We are considering adding an option in the application form for the reward scheme where people can choose not to receive our partners' promotional material,' she said.

About 2.4 million Octopus cardholders have signed up for a reward scheme that offers benefits at the firm's business partners, including supermarkets and shopping malls.

Any Octopus cardholder can apply for the scheme with his or her name and contact details.

About 10 per cent of the 20 million Octopus cards are personalised ones that contain the holder's name, contact details, identification document type and number, age and date of birth. The rest of the cards do not contain that information.

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