The Octopus card is a reusable contactless put away worth brilliant card for making electronic installments in on the web or disconnected frameworks in Hong Kong. Dispatched in September 1997 to gather admissions for the region’s mass travel framework, the Octopus card framework is the second contactless savvy card framework on the planet, after the Korean Upass, and has since developed into a generally utilized installment framework for all open vehicle in Hong Kong, prompting the advancement of Navigo card in Paris, Oyster Card in London, Opal Card in New South Wales, NETS FlashPay and EZ-Link in Singapore and numerous other comparative frameworks around the globe. business articles
installment in many retail shops in Hong Kong, including most odds and ends stores, markets, and drive-through joints. Other regular Octopus installment applications incorporate leaving meters, vehicle leaves, gas stations, candy machines, expense installment at public libraries and pools, and that’s just the beginning. The cards are additionally ordinarily utilized for non-installment purposes, for example, school participation and access control for places of business and lodging bequests.
The Octopus card won the Chairman’s Award of the World Information Technology and Services Alliance’s 2006 Global IT Excellence Award for, in addition to other things, being the world’s driving complex programmed charge assortment and contactless smartcard installment framework. As per Octopus Cards Limited, administrator of the Octopus card framework, there are in excess of 33 million cards available for use, almost multiple times the number of inhabitants in Hong Kong. The cards are utilized by 99 percent of the number of inhabitants in Hong Kong matured 16 to 65. The framework handles in excess of 14 million exchanges, worth over HK$180 million, on a day by day basis.
Before the Octopus card, Hong Kong’s Mass Transit Railway (MTR) embraced a framework to recycle attractive plastic cards as passage tickets when it began tasks in 1979. One more of the region’s railroad organizations, the Kowloon-Canton Railway (KCR), received similar attractive cards in 1984, and the put away worth form was renamed Common Stored Value Ticket. In 1989, the Common Stored Value Ticket framework was reached out to Kowloon Motor Bus (KMB) transports giving a feeder administration to MTR and KCR stations and to Citybus, and was additionally stretched out to a set number of non-transport applications, for example, installments at photobooths and for inexpensive food vouchers.