Wonder Becomes Octopus’ First Omnichannel Payment Facilitator in Hong Kong, Advancing Hong Kong’s Digital Payments Landscape

PRNewswire

Advertisement

Hong Kong, June 10: Wonder, a leading payments and fintech platform in Hong Kong and APAC, is proud to announce a landmark partnership as the first omnichannel payment facilitator of Octopus Cards Limited (“Octopus”) in Hong Kong. This strategic collaboration marks a new chapter in advancing Hong Kong’s digital payment ecosystem, bringing Hong Kong’s most recognised and widely used payment experience to merchants across various sectors with greater speed, flexibility, and efficiency.

This collaboration is part of both companies’ broader strategies to seamlessly enable both offline and online Octopus acceptance directly via Wonder’s payment terminal and digital platform. Effectively, merchants can enable Octopus alongside 30+ other payment methods via Wonder’s streamlined KYC onboarding process and have all the funds settled to merchants directly via Wonder’s platform. This empowers merchants of any size and of any industry to onboard faster, manage finances better and start accepting Octopus effortlessly.

Jason Ngan, Founder and Chief Executive Officer of Wonder, said: “Becoming Octopus’ first payment facilitator in Hong Kong marks a major milestone for Wonder and reflects our shared commitment to driving payment innovation and digital transformation across the city. Octopus is a trusted and indispensable part of Hong Kong’s daily life. Since our strategic partnership began in early 2025, we have seen strong adoption momentum, and we look forward to working closely with Octopus to further expand acceptance and bring smarter, faster, and more effortless payment experiences to businesses and consumers in Hong Kong.”

Tim Ying, Chief Executive Officer of Octopus, said: “Building a smarter Hong Kong is a collective effort. Our collaboration with Wonder will enhance our customers’ payment experience across Octopus’ extensive network of over 190,000 physical acceptance points and our growing online presence. Working closely with all ecosystem partners, our goal is to ensure every interaction between buyers and sellers is seamless, convenient, and secure.”

About Octopus Cards Limited (Licence Number: SVF0001)

Operating under the Stored Value Facilities Licence, Octopus Cards Limited (OCL) provides innovative offline and online Octopus payment services to meet customers’ diverse payment needs. Launched in 1997 by OCL, the Octopus system in Hong Kong is one of the world’s leading and most extensively accepted contactless smartcard payment systems. Its aspiration is to bring diversity and inclusion in payment to customers of all facets of life.

Today, more than 24 million Octopus cards and products are in circulation; spanning businesses including public transport, parking, retail, self-help services, schools, and leisure facilities, and access control for residential and commercial buildings. There are more than 190,000 Octopus acceptance points in the market. Octopus’ application has been extended to online and mobile payment arenas with services including Octopus on iPhone and Apple Watch, Octopus on Samsung Pay, Octopus on Huawei Pay, Octopus App, Octopus Wallet, Octopus Mastercard and UnionPay, bringing new payment experiences to customers.

The Octopus Group exports its unique experience and technology overseas, offering consultancy services across the world. The mission of OCL is simple: Making everyday life easier. For more information about OCL, please visit www.octopus.com.hk.

About Wonder

Wonder is a leading payments and FinTech platform for merchants in Hong Kong and Asia Pacific, enabling any merchant, from nano-businesses to multinational enterprises to pay and get paid effortlessly.

Wonder is Hong Kong’s first fully digital omni-channel payments platform, allowing merchants to digitally complete KYC onboarding in minutes, open an account, accept payments, pay digitally, and manage transactions all from one single platform. Key products include Wonder App, Wonder Terminal, Wonder Dashboard, Wonder Card and Wonder Taxi.

Headquartered in Hong Kong, Wonder completed a US$6 million Series A funding round in 2021 led by Hong Kong Telecom (HKT), and has offices in Hong Kong SAR, Japan, Singapore, Malaysia, Shenzhen, and Changsha.

Website: https://wonder.app

Contact:

Name: Wonder Inquiry

Email: inquiry@wonder.app

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire. ANI will not be responsible in any way for the content of the same)

(The story has come from a syndicated feed and has not been edited by the Tribune Staff.)



Source link

Visited 1 times, 1 visit(s) today

Related Article

Hong Kong to mark July 1 anniversary with flag-raising ceremony, fly-past

Hong Kong to mark July 1 anniversary with flag-raising ceremony, fly-past

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. Hong Kong marks the 28th anniversary of its return to Chinese sovereignty on Tuesday. The day’s events start with a flag-raising ceremony

Line chart of Indices rebased (Jan 1 2025=100) showing Hang Seng has grown 20% while CSI 300 shows little movement in first half

Hong Kong’s bull market leaves China behind

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s bull market is leaving China behind, in a sign that a lacklustre economic recovery and trade tensions with the US have weighed on investor sentiment in the mainland. Equities in mainland China are

New World CEO Echo Huang Shaomei said the successful refinancing was a testament to the confidence placed in the company’s operations. Photo: SOHU

New World secures US$11.3 billion refinancing just before deadline, averts loan default

Hong Kong developer New World Development (NWD) has successfully refinanced HK$88.2 billion (US$11.3 billion) of debt just before the deadline, concluding months of negotiations that pulled the company back from the brink of default. The refinancing package includes multiple tranches of bank loans with varying maturities, with June 30, 2028, being the earliest, the developer

A view of Victoria Harbor, Hong Kong Photo: VCG

HK’s status as global financial center enhanced over 28 years

A view of Victoria Harbor, Hong Kong Photo: VCG With the solid support of the motherland and the continuous financial opening-up in the Chinese mainland, the attractiveness of Hong Kong as an international financial hub has continued to rise since the return of Hong Kong to the motherland and the establishment of the Hong Kong

Medical excellence to Olympic glory: Hong Kong honours outstanding contributions

Medical excellence to Olympic glory: Hong Kong honours outstanding contributions

A former chairman of Hong Kong’s Hospital Authority, a media mogul and a business leader have been awarded the city’s highest honour this year, while Olympic gold medal fencer Vivian Kong Man-wai was also recognised for her sporting achievements. Two Hongkongers who helped save residents from a deadly fire were also among the 427 individuals

Hong Kong sea patrol officers to use body cameras to help in investigations

Hong Kong sea patrol officers to use body cameras to help in investigations

Sea patrol officers from Hong Kong’s Marine Department will start using body cameras from Tuesday to help them perform their duties more effectively. Frontline officers of the harbour patrol section across all districts would be fully equipped with the devices to help in investigations, evidence collection and documenting maritime conditions during major events at sea

The pane is thought to have been knocked out of the window frame by a toppled shelf. Photo: SCMP

Cafe de Coral manager arrested after window pane falls onto Hong Kong street

Hong Kong police have arrested the manager of a major fast-food outlet after a window pane fell from the first floor and landed on a Kwun Tong street, injuring two pedestrians. The pane, measuring two metres by 1.5 metres, detached from the first-floor Cafe de Coral outlet in the Champion Court building on Hong Ning

Hong Kong in ‘critical stage of opening new chapter’, Beijing liaison chief says

Hong Kong in ‘critical stage of opening new chapter’, Beijing liaison chief says

Beijing’s new liaison office chief has said Hong Kong is in a “critical stage of opening a new chapter” and should further embrace reforms to broaden its economy in a speech delivered on the eve of the city’s 28th handover anniversary. Zhou Ji also said on Monday evening Hong Kong should “achieve breakthroughs and tackle

0
Would love your thoughts, please comment.x
()
x