now loading...
Wealth Asia Connect Middle East Treasury & Capital Markets Europe ESG Forum TechTalk
Treasury & Capital Markets
Octopus teams up with AsiaPay to push online payments
Octopus Cards Ltd, operator of Hong Kong’s Octopus smart cards, has partnered with electronic payment solution provider AsiaPay to push its online payment services
The Asset 25 Feb 2015

Octopus Cards Ltd, operator of Hong Kong’s Octopus smart cards, has partnered with electronic payment solution provider AsiaPay to push its online payment services.

 
The collaboration will expand the payment gateway for Octopus card users over the Internet. In particular, AsiaPay wil support Octopus Cards’ Octopus Online Payment service where customers are able to make payments online using near-field communication-enabled mobile devices.
 
With the partnership, customers can pay with their Octopus cards when shopping with merchants that accept the AsiaPay payment gateway. 
 
As online shoppers check out their shopping carts, the browser will display the respective QR code and payment code. Customers only need to run the "Octopus" app on their near-field communication mobile device to either scan the QR code or manually enter the payment code to retrieve the payment information.
 
By simply placing the pre-registered Octopus at the back of their mobile device, users can instantly complete their payments and check their transaction records on the "Octopus" app, as an added protection.
 
The collaboration will offer an additional choice of payment gateway for Hong Kong's online shoppers. The partnership synergises Octopus' high penetration, extensive and diverse networks in Hong Kong with AsiaPay's advanced and comprehensive payment gateway service.
 
This new payment gateway option is expected to further drive the development of mobile payment solutions in the local market.
 
"This will further address the growing demand for mobile payment options while increasing the productivity for payment processing,” says Joseph Chan, CEO and Founder of AsiaPay Group.
 
AsiaPay is exploring more diversified payment options leveraging advanced payment technologies, in offering merchants more flexible and easier payment methods for their business development.


 

 

Conversation
Stefano Ghezzi
Stefano Ghezzi
principal, infrastructure & natural resources, Asia Pacific
Ontario Teachers' Pension Plan
- JOINED THE EVENT -
7th Asia Sustainable Infrastructure Finance Leaders Dialogue
Infrastructure of the future
View Highlights
Conversation
Andy Chang
Andy Chang
president
Cathay Securities Investment Trust
- JOINED THE EVENT -
7th Taiwan Investment Summit - Webinar Series 2021
Transitioning to a green future
View Highlights