Visa has expanded its partnership with Octopus Cards, enabling Visa-powered QR payments at Octopus QR merchants across Hong Kong.
Tourists visiting Hong Kong can use their preferred home payment apps – including Hyundai Card, Woori Card, Samsung Card and VNPT Money, with LINE Pay and Shinhan Pay coming soon – to pay at participating Octopus QR merchants, the companies say in a press release. Payments are processed securely through Visa’s global network.
More international payment apps will be added in the future.
Hong Kong welcomes millions of visitors each year, and the way travellers pay plays an important role in their overall experience. According to a recent Visa study on consumer payment attitudes, about two in three travellers prefer to use contactless or mobile payments when travelling overseas, reflecting a growing move away from cash.
Paulina Leong, general manager of Visa Hong Kong and Macau, says: “When people travel, they want payments to be effortless and familiar. Through our collaboration with Octopus, we’re enabling visitors to pay in Hong Kong using the apps they already know and trust, giving them greater confidence and convenience wherever they go. At the same time, this helps local merchants serve more customers easily, capture more sales, and benefit from the continued strength and vibrancy of Hong Kong’s tourism economy.”
Building on the extensive Octopus QR infrastructure already in place, small enterprises using Octopus App for Business can now accept payments easily from inbound visitors across Asia-Pacific through the Visa QR network, without the need to install new hardware or systems.