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Subject: Re: jenhancements


Author:
Manufactured by Sony, the Octopus Smart Card
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Date Posted: 03:49:58 02/01/03 Sat
In reply to: Creative Star-- Octopus j/v 1994 January 2001 's message, "Re: joint venture, Octopus Cards Limited " on 03:06:35 02/01/03 Sat

Octopus is the "touch and go" electronic payment system that offers users an easy and hassle-free
way to travel around Hong Kong. Each Octopus card contains a built-in microchip which stores its
owner's payment information. There's no longer a need for coins. Users simply "beep" their Octopus card

on a fare processing machine which automatically deducts the correct amount from the card.

Octopus Technology

A major breakthrough in smart card payment systems in Hong Kong, the Octopus is the
brainchild of advanced digital technology. It has taken over five years from initial preparations,
to complete this complex system. Since then, the Octopus system has gone through many stages of
enhancements while integrating the central system with numerous service
providers' management information systems.

Manufactured by Sony, the Octopus Smart Card embraces the following
features:







Fast transactions - applicable in different services like public transport,
convenience stores and vending machines etc.

High stability - the remote contactless feature allows the Smart Card to
operate with more stability. This feature is particularly advantageous to
services with high transaction volumes.

Flexibility in applications - the Card contains many features which takes
care of everyday needs, ranging from travel on various public transport,

door access to electronic cash.



Recycle usage - the card is reloadable, so there is no need for disposal,
and the PET material used to fabricate the card is also environmentally

friendly.

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Replies:
Subject Author Date
Re: joint venture, Octopus Cards Limited Sony willcentralise its technical divisionCorporate Village.03:58:20 02/01/03 Sat
    Re: central clearing house ERG15/11/1999backboneCreative Star's Octopus System 05:26:32 02/01/03 Sat


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