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Hong Kong Launches New Octopus Card for Mainland Travel, Sees High Demand

The card simplifies payments across 336 mainland cities, eliminating the need for a separate yuan account and offering convenience for elderly residents.

  • Hong Kong's new Octopus card, designed for travel in 336 mainland Chinese cities, has been met with strong demand, particularly from elderly residents.
  • The card allows for easy top-ups in Hong Kong dollars and converts funds to yuan at prevailing exchange rates for use on buses, trains, and ferries.
  • Unlike previous cross-border Octopus cards, this new version eliminates the need for a separate yuan account, simplifying cross-border travel.
  • The card is available for purchase at over 7,000 Circle K convenience stores and select MTR customer service centres across Hong Kong.
  • Economists and consumers alike see the card as a potential boost for cross-border spending and a significant convenience for older travelers and those seeking a backup payment option.
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