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New Octopus cards will have maximum top-up value of HK$3,000 (© Somchai Rak-in | Dreamstime.com) Hong Kong-based payment operator Octopus Holdings is to launch a transit card for more than 300 cities in mainland China. In a report in the South China Morning Post, Octopus CEO Angus Lee Chun-ming explains that transit card users will be able to pay for buses and in rail transit to ferries in mainland China by the end of 2021 or early next year.  The company also wants to collaborate with contactless payment platforms in other Asian countries to establish a technology that will allow its e-wallet users in Hong Kong to pay for services in Macau, South Korea, Singapore and Thailand.

Hong kongSouth koreaAngus lee chun mingOctopus holdingsSouth china morning postChina communications gold card technologyHong kong basedLee chun mingChinat unionBeijing china communications gold card technologyRunion oneஹாங் காங்தெற்கு கொரியாஅங்குஸ் லீ சுன் மிங்ஆக்டோபஸ் ஹோல்டிங்ஸ்தெற்கு சீனா காலை போஸ்ட்