Press Release 18 June 2021
Octopus to Facilitate Hong Kong Residents to Receive and Use HK$5,000 Electronic Consumption Vouchers with Ease
Earmarking over HK$100 Million to Stimulate Spending in the City
(Hong Kong, 18 June 2021) Octopus Cards Limited (OCL) welcomes today’s announcement of the Consumption Voucher Scheme (CVS) details by the HKSAR Government (Government). OCL is fully ready to support Hong Kong residents and merchants to take advantage of CVS, and has earmarked over HK$100 million towards launching a series of exciting rewards and offers to encourage eligible Hong Kong residents to use the consumption vouchers (Vouchers) through Octopus Cards with the goal of helping to revive the local economy.
Four key reasons for Octopus to be the chosen electronic payment tool for Hong Kong residents to receive the Vouchers:
- Octopus Card is Hong Kong’s most popular and widely recognised payment card. It is regarded as being trustworthy, safe and reliable. The public will be able to use the Vouchers in the same way as they use Octopus Card today.
- Octopus is accepted in Hong Kong across an extensive range of merchant categories, fully meeting the needs of customers under the eligible spending requirements of CVS, including public transportation.
- Users may use any Octopus Card on hand (including physical Octopus Card, Octopus Card on Mobile and other Octopus ornaments) to register. There is no requirement for a specific or personalised card, and no need to apply for a new card.
- Octopus has committed over $100 million to bringing each eligible customer $118 of Octopus Top-up Value and a host of exciting rewards and merchant offers to consumers.
Registration is Simple and Quick
Eligible Hong Kong residents only need to register with any of their existing Octopus Card from 4 July to 14 August 2021 via the Government’s central registration system www.consumptionvoucher.gov.hk. For those who complete the registration before 17 July 2021 and have been verified, they will become the first batch of residents to collect the first instalment of HK$2,000 vouchers as early as 1 August 2021.
Extensive Merchant Coverage
There are over 100,000 Octopus acceptance points in the market, including transport, F&B and retail outlets. Octopus payments have been further extended to a vast range of new merchant categories including, but not limited to, electrical appliances and electronic products, local online shopping platforms, Chinese/Western and hotel restaurants, fashion, jewellery, sporting goods and home appliances.
OCL will also partner with two major property developers in Hong Kong to offer Octopus-exclusive shopping privileges at over 30 shopping malls. OCL will be announcing more fabulous dining and shopping offers shortly.
For more details please visit www.octopus.com.hk/cvs, Octopus Facebook page and Instagram page or contact Customer Service Hotline at 2969 5500.
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