Visa and Octopus Partner to Enable Tourists to Use Domestic Digital Wallets in Hong Kong

Visa and Octopus Cards Ltd have joined forces to allow tourists from across the Asia-Pacific (APAC) region to make payments at participating Octopus QR merchants in Hong Kong using their preferred domestic digital wallets.

The collaboration broadens the acceptance of Visa-enabled QR payments across the city through the Visa Scan to Pay service.

Supported payment applications currently include Hyundai Card, Woori Card, Samsung Card and VNPT Money, with LINE Pay and Shinhan Card expected to be added at a later stage.

Small businesses already using the Octopus App for Business can accept payments through the new arrangement without investing in additional hardware or installing new systems. However, Visa cards issued in Hong Kong are excluded from the initiative.

Paulina Leong, General Manager of Visa Hong Kong and Macau, said international travellers increasingly expect convenient and familiar payment options when visiting overseas destinations. She added that the partnership with Octopus would allow visitors to make purchases in Hong Kong using digital payment applications they already use and trust at home.

According to Visa’s latest study on consumer payment preferences, approximately two-thirds of travellers prefer contactless or mobile payment methods when making purchases abroad.

Visa and Octopus also plan to explore extending the Scan to Pay service to Octopus Hong Kong wallet users travelling across APAC markets in 2027.

Click here for more on Banking

Source

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore