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Does Octopus card expire?
A HK$15 Inactive Smart Octopus Administrative Fee (“Administrative Fee”) will be deducted from the remaining value and the Smart Octopus deposit after three years with no activity, and HK$15 annually thereafter if it remains inactive, until the remaining value and deposit are fully depleted.
How negative can you go on Octopus?
If the value on your Octopus is positive (HK$0.10 or above) but insufficient to cover the full amount of the transaction, you can still complete the transaction by incurring a negative value of up to HK$35* on a single occasion which will be automatically recovered when your Octopus is next reloaded.
Is Octopus An RFID?
Launched in 1997, Octopus cards are the world’s most widely accepted contactless RFID electronic payment system. The system generates value for customers, service providers, and societies.
What is Octopus card Hong Kong?
The Hong Kong Octopus card is an extremely versatile stored-value electronic card that can be used on most forms of public transport, as well as for purchases in convenience stores, fast food shops, supermarkets, vending machines and more. Just pick up your card at Hong Kong International Airport upon landing.
Is Octopus an NFC?
Drivers install Octopus App for Business on their NFC-enabled Android mobile devices to accept payments from customers paying with Octopus cards.
How does the Octopus card work?
On-Loan Octopus include an initial stored value of HK$20-HK$100, depending on the card type. If the value on your Octopus is at or below HK$0, it cannot be used until you add value to it. You can reload your Octopus with cash anytime at thousands of locations, from transportation providers to retailers.
How do I use my Octopus card in Hong Kong?
Place your physical Octopus card, iPhone or Apple Watch, or Huawei mobile device steadily over an Octopus reader, hold and wait until you hear a “Dood” sound and see an indication that the transaction is completed (the remaining value shown on the screen) before removing your physical Octopus card, iPhone or Apple …
Is Octopus Energy going bust 2021?
Is Octopus safe from collapse? Octopus founder Greg Jackson has reassured customers on Twitter. Responding to a question about whether the firm was at risk, he said: “No – as a global, very well backed company we’re fine but plenty more are not.
How long is the Octopus card valid for?
The Octopus Cards are valid for 1000 days but they will deactivate if no money is added during this period. If you haven’t used it for three years or longer, you can re-activate it at any MTR service center.
How many Octopus cards are in circulation in Hong Kong?
Today, more than 35 million Octopus cards are in circulation, with 99% of people in Hong Kong using Octopus cards to travel, shop and dine without the hassle of cash. Octopus card is secure, highly durable and reliable. There are many types of Octopus cards, including On-Loan Octopus, Sold Octopus, Bank Co-Brand Octopus,…
What is the a HK $15 inactive octopus administrative fee?
A HK$15 Inactive Octopus Administrative Fee (“Administrative Fee”) will be deducted from the remaining value and deposit of the On-Loan Adult Octopus after three years of inactivity, and HK$15 annually thereafter if it remains to be unused for any transaction until the remaining value and deposit are fully depleted.
How can I check my last 10 Transactions on octopus?
In addition to your balance, you can also check your last 10 transactions: By requesting a printout at an MTR Customer Service Centre (not applicable to Octopus on Apple Pay and Smart Octopus in Samsung Pay) and 7-Eleven or Circle-K outlet (a HK$3 fee will be charged by these service providers)