OCTOPUS HOLDINGS

Octopus Holdings issues and operates smart cards. Its offerings include standard smart cards, on-loan cards, key chains, ornaments, watches, and personalized cards imprinted with the user’s name and optional photo. There are five subsidiaries within the Octopus Holdings corporate structure, including Octopus Cards Limited: operates a contactless smart card payment system; Octopus Rewards Limited: responsible for the development and operation of the customer loyalty platform, Octopus Rewards; ... Octopus International Projects Limited: provides automatic fare collection solutions internationally; Octopus Investments Limited: an investments holding company; and Octopus China Investments Limited: an investments holding company for China-related projects. The company powers payments across various sectors in Hong Kong: retail, leisure facilities, transportation, online stores, parking, self-service, and miscellaneous. It develops smart card application solutions and operational services for mainland China cities. It is accepted at over 50 retail outlets in Shenzhen, including outlets of Café de Coral, Fairwood, and Shenzhen Dutyfree Group at all Shenzhen ports. Octopus Holdings supplies a transaction clearing house for the nationwide automatic fare collection system to the Netherlands; and develops and implements the core back office for a contactless smart card payment system for the Road and Transport Authority in Dubai. Its international services offer transport operators, governments, and private enterprises a technological know-how as well as support in implementing the whole lifecycle of smart card system implementation and operation. Octopus Holdings was established in 2005 and is based in Kowloon, Hong Kong.More