Embark on a journey of knowledge! Take the quiz and earn valuable credits.
Challenge yourself and boost your learning! Start the quiz now to earn credits.
Unlock your potential! Begin the quiz, answer questions, and accumulate credits along the way.
What is Octopus Card mean?
The Octopus card is a reusable contactless stored value smart card for making electronic payments in online or offline systems in Hong Kong. Launched in September 1997 to collect fares for the territory's mass transit system, the Octopus card system is the second contactless smart card system in the world, after the Korean Upass, and has since grown into a widely used payment system for all public transport in Hong Kong, leading to the development of Navigo card in Paris, Oyster Card in London, Opal Card in New South Wales, NETS FlashPay and EZ-Link in Singapore and many other similar systems around the world.
The Octopus card has also grown to be used for payment in many retail shops in Hong Kong, including most convenience stores, supermarkets, and fast food restaurants. Other common Octopus payment applications include parking meters, car parks, petrol stations, vending machines, fee payment at public libraries and swimming pools, and more. The cards are also commonly used for non-payment purposes, such as school attendance and access control for office buildings and housing estates.
The Octopus card won the Chairman's Award of the World Information Technology and Services Alliance's 2006 Global IT Excellence Award for, among other things, being the world's leading complex automatic fare collection and contactless smartcard payment system. According to Octopus Cards Limited, operator of the Octopus card system, there are more than 36 million cards in circulation, nearly five times the population of Hong Kong. The cards are used by 98 per cent of the population of Hong Kong aged 15 to 64. The system handles more than 15 million transactions, worth over HK$220 million, on a daily basis.
referenceFull Form | Category |
---|---|
Off Campus | Academic & Science |
Open Concepts | Academic & Science |
Online Class | Academic & Science |
Organic Content | Academic & Science |
Oceans and Climate | Academic & Science |
Oklahoma Christian | Academic & Science |
Oberlin College | Academic & Science |
Original Chilling | Academic & Science |
Open/Close | Business |
Off Center | Business |
Only Caucasians | Business |
Of Christ | Business |
Orfevrerie Christofle | Business |
Outsourced Company | Business |
Open Corner | Business |
Occupation Certificate | Business |
Other Company | Business |
Octopus Card | Business |
Organizational Climate | Business |
Owens Corning | Business |
Old Colony | Business |
Opportunity Cost | Business |
Organic Carbon | Chemistry |
Optimal Classification | Chemistry |
Other Characters | Community |
Original Credit | Community |
Other Contributors | Community |
Original Character | Community |
Other Category | Community |
Other Child | Community |
Organizing Committee | Community |
Oliver Cromwell | Community |
Original Content | Community |
Old Covenant | Community |
Operation Christ | Community |
Overated Crap | Community |
O Canada | Community |
Over Commercialized | Community |
Our Crowd | Community |
Own Creation | Community |
Other Caste | Community |
Open Category | Community |
Opening Ceremony | Community |
Off Camera | Community |
Overtly Christian | Community |
Operation Classroom | Community |
Other Character | Community |
Overgrown Children | Community |
Operation Channel | Computer and Networking |
Output Compare | Computer Assembly Language |
Overclocking | Computer Hardware |
Overclock | Computer Hardware |
Over-clocked | Computer Hardware |
OverClocking/OverClock | Computing |
Orange County | Country Specific |
Orange Coast | Earth Science |
Odessa College | Educational Institute |
Over Current | Electronics |
Optical Circuit | Electronics |
Optical Cable | Electronics |
Open Collector | Electronics |
Open Circuit | Electronics |
Operating Characteristic | Electronics |
Outrageous Chaos | General |
Orange Crush | General |
Orrible Children | General |
Oleoresin Capsicum | General |
Outta Control | General |
Overrated Claptrap | General |
Old Clothes | General |
Outrigger Canoe | General |
Obedience Champion | General |
Office in Charge | General |
Organisation Communication | General |
Origanal Character | General |
Ottawa Carleton | General |
Oringal Character | General |
Original Cookies | General |
Ordinary Chondrites | General |
Output Coupler | General |
On Centre | General |
Oral Contraception | General |
Original Creation | General |
overclocking Of course | General |
Optical Circulator | General |
Opposing Counsel | General |
Officer in Command | General |
our Acronym | General |
Old Chicago | General |
Orospu Cocugu | General |
Over Committed | General |
Orange Cat | General |
Ostrich Cookies | General |
Oh Crap | General |
Own Child | General |
Offended Chicken | General |
The Order of Canada | General |
Organize and Collaborate | General |
Oversite Concrete | General |
Object Controller | General |
Original Cat | General |
Original Combo | General |
Overwhelmingly Cool | General |
Oriental Crisis | General |
Ovarian Cyst | General |
Oatmeal Cookie | General |
Okeechobee County | Governmental |
Office Call | Governmental |
Official Campaign | Governmental |
Obstruction Chart | Governmental |
Officer's Cook | Governmental |
Osawatomie City, Kansas | Governmental |
Organized Crime | Governmental |
Office of the Commissioner | Governmental |
Immediate Office of the Commissioner | Governmental |
Orange County (California) | Governmental |
Ocean Cove | Governmental |
Option Chain | Governmental |
Olongapo City | Governmental |
Organized Clan | Governmental |
Oleander City (nick-name of Galveston, Texas) | Governmental |
Oral Coersion | Governmental |
Observatoire Cuirass | International |
Organi Collegiali | International |
Optimum Compaction | Maths |
Oleoresin Capsicum (pepper spray for self-defense) | Medical |
On Call | Medical |
Oral Contraceptive | Medical |
Obsessive Compulsive | Medical |
Oral Care | Medical |
Original Cub | Medical |
Out of Character | Messaging |
Of Course | Messaging |
Own Character | Messaging |
Outrageously Cute | Messaging |
Operations Center | Military and Defence |
Other Contingencies | Military and Defence |
Observer Controller | Military and Defence |
Ordnance Corps | Military and Defence |
Optical Connection | Networking |
Old Coherence | Physics Related |
Occitan | Regional |
Oregon City | Regional |
Oklahoma City | Regional |
Ocean City | Regional |
Ocean County | Regional |
Object Container | Softwares |
Open Canvas | Softwares |
On Center | Space Science |
On-condition | Space Science |
Operations Controller | Space Science |
Operations Coordinator | Space Science |
Orbital Check | Space Science |
Open Cup | Sports |
Open Canoe | Sports |
Offensive Crouching | Sports |
Original club | Sports |
Open Carry | Sports |
Operator Cutoff | Telecommunication |
Optical Carrier | Telecommunication |
Posted on 12 Nov 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
Turn Your Knowledge into Earnings.
Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.
Write Your Comments or Explanations to Help Others