Wonder Becomes Hong Kong's First Octopus Omnichannel Payment Service Provider, Ushering in a New Era of Digital Payments

Wonder, a leading payment and fintech platform in Hong Kong and the Asia Pacific region, announced its official designation as Octopus Cards Limited's ("Octopus") first omnichannel payment service provider in Hong Kong, marking a new chapter in the development of Hong Kong's digital payment ecosystem. This collaboration will extend Octopus, Hong Kong's most widely used and iconic payment tool, to merchants across various industries in a faster, more flexible, and more efficient manner.

This partnership is part of a joint strategy to seamlessly support merchants in accepting both online and offline Octopus payments through Wonder's payment terminals and digital platform. Merchants can enable Octopus and over 30 other payment methods through Wonder's simplified KYC onboarding process, with all funds settled directly via the Wonder platform. This service enables merchants of all sizes and industries to complete registration faster, optimize financial management, and instantly activate Octopus collection.

Jacky Yan, Founder and CEO of Wonder, stated: "Becoming Octopus's first payment service provider in Hong Kong is a significant milestone for Wonder, embodying our shared vision to drive innovative payment solutions and digital transformation. Octopus is an indispensable part of daily life for Hong Kong residents. Through this strategic collaboration, we empower merchants across various sectors to offer Octopus payment services with greater ease and flexibility. Since the start of our collaboration in early 2025, we have observed significant adoption. We look forward to continuing our partnership with Octopus to encourage more merchants to accept Octopus, bringing a smarter, more efficient, and seamless payment experience to Hong Kong."

Tim Ying, CEO of Octopus, stated: "Building a smart Hong Kong is our common goal. Our collaboration with Wonder will further enhance customer payment experiences at over 190,000 Octopus acceptance points and a growing number of online platforms. We will continue to work closely with ecosystem partners to ensure every transaction between buyers and sellers is smoother, more convenient, and more secure."

About Octopus Cards Limited (SVF License Number: SVF0001)

Octopus Cards Limited (Octopus) operates under a Stored Value Facilities (SVF) license, providing innovative offline and online Octopus payment services to meet the diverse payment needs of customers. The company launched the Octopus system in 1997, which became one of the world's leading and most extensive contactless smart card payment systems. Octopus is committed to bringing diversity and inclusivity in payment options to all aspects of customers' daily lives.

Currently, over 24 million Octopus cards and products are in circulation; the service network includes public transport, parking, retail, self-service, schools, recreation facilities, and residential and commercial building access control systems. There are nearly 190,000 Octopus acceptance points in Hong Kong. Octopus's application has expanded to online and mobile payments, including Octopus on iPhone and Apple Watch, Octopus for Android, Samsung Pay, Huawei Pay, Octopus App, Octopus Wallet, Octopus Mastercard®, and Octopus UnionPay Card, providing customers with a unique mobile payment experience.

The Octopus Group has expanded its business internationally, offering consultancy services to organizations worldwide with its unique experience and technological advantages. Octopus's mission is simple: to make life easier through innovative payment technology. For more information about Octopus, please visit www.octopus.com.hk.

About Wonder

Wonder is a leading commercial payment and fintech platform in Hong Kong and the Asia Pacific region, dedicated to enabling businesses across various industries to effortlessly send and receive payments.

As Hong Kong's first fully digital omnichannel payment platform, Wonder allows merchants to complete digital KYC registration, open accounts, receive payments, make digital payments, and manage transactions within minutes, all integrated into a single platform. Key products include Wonder App, Wonder Terminal, Wonder Dashboard, Wonder Card, and Wonder Taxi.

Headquartered in Hong Kong, Wonder completed a US$6 million Series A funding round led by HKT/PCCW in 2021 and has business development centers in key markets such as Japan, Singapore, Malaysia, Macau, Taiwan, Shenzhen, and Changsha.

Website: https://wonder.app

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