Octopus Cards had floated the plan of an increased cap three years ago when it renewed its licence on stored value facilities. Photo: K.Y. Cheng

Octopus card stored value limit set to rise to HK$3,000 on December 1 as e-payment competition heats up in Hong Kong

  • Operator Octopus Cards says the move aims to cater to customers’ changing needs
  • More than 36 million Octopus cards and products are in circulation and the payment system handles 15 million transactions a day
Topic |   Hong Kong economy

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Octopus Cards had floated the plan of an increased cap three years ago when it renewed its licence on stored value facilities. Photo: K.Y. Cheng
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