• DOI:10.1080/101967801300197016
Corpus ID: 18766585

Octopus: The Growing E-payment System in Hong Kong

@article{Poon2001OctopusTG,
  title={Octopus: The Growing E-payment System in Hong Kong},
  author={S. Poon and P. Chau},
  journal={Electron. Mark.},
  year={2001},
  volume={11},
  pages={97-106}
}

S. Poon, P. Chau

Published 2001

Economics, Computer Science

Electron. Mark.

Although debit/cash cards based on smart card technology promised to bring forth the end of loose change, very few managed to gain critical mass or come close to totally eliminating coins including those supported by major credit card operators (e.g., Visa Cash and Mondex). In this paper, we discuss a specific system – Octopus – which not only gained momentum among the passenger transportation industry in Hong Kong, but also expanded into other payment channels such as fast food outlets and… CONTINUE READING

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