Octopus Allows Payments Via IPhones, Apple Watches
"); jQuery("#212 h3").html("
"); });
2020-06-02 HKT 14:21
Share this story
Octopus Cards has announced that iPhones and Apple Watches can now be used to make transactions instead of its cards, thanks to a software update that was revealed on Tuesday.
The update means that those who own an iPhone can register their adult or elder concession Octopus account to Apple's mobile payment system Apple Pay.
This means iPhone users will now be able to use their phone to pay for public transport and groceries.
Value can be added using a Hong Kong-issued bank credit or debit card, or with cash at either a convenience store or MTR customer service centre. The maximum top-up value is HK$3,000.
Once an Octopus card has been transferred to an Apple device, the Octopus account becomes entirely digital, which means the physical card will stop working.
HKMA Warns Of Fake Stablecoins As Licensed Issuers Have Yet To Launch Tokens
The Hong Kong Monetary Authority (HKMA) has warned the public about fake stablecoins in Hong Kong, specifically flaggin... Read more
Tazapay Secures Money Service Operator License In Hong Kong
Singapore-based cross-border payments company Tazapay has secured a Money Service Operator (MSO) license in Hong Kong. ... Read more
Livi Bank Posts First Full-Year Profit In 2025 As Loans Rise 49%
Hong Kong digital bank livi bank reported a full-year profit of HK$21 million for 2025. For the year, total operating i... Read more
FWD Group Reports US$720M In New Business Sales As Expansion Continues
FWD Group reported a 4% year-on-year increase in new business sales to US$720 million for the first quarter of 2026, dr... Read more
WeLab Bank 2025 Revenue Hits HK$942M After Securing First-Half Profitability
WeLab Bank achieved profitability in the first half of 2025 and reported a 35% year-on-year revenue increase to HK$942 ... Read more
Ripple And Kbank Roll Out Institutional Digital Asset Wallet In South Korea
Ripple has partnered with Kbank to deploy an institutional digital asset wallet in Korea, equipping the internet bank w... Read more