Faster Payment System
The Faster Payment System (FPS) allows you to access money in your bank account, 24 x 7. Once you sign up for this instant bank transfer service in Octopus App, you can top up your Octopus cards anytime, anywhere – no more queuing at ATMs, convenience stores or MTR stations!
You can also pay people and shop online far more easily.
Latest Promotion
From now until 31 July 2021, Octopus Wallet Plus or Pro users can receive a $30 Octopus Wallet credit when you successfully set up instant bank transfer (i.e. Faster Payment System electronic Direct Debit Authorisation) through the Octopus App, and make at least one Octopus top up transaction of $100 or more via instant bank transfer.
Watch the video or click here to learn more about how to set up instant bank transfer.
Apply Now
Remark:
- Promotion Offer is limited and will be offered on a first-come-first-served basis to the first 40,000 Eligible Octopus Wallet Holders.
- The Promotion Offer will be credited to the Octopus Wallet of the Eligible Octopus Wallet Holders from 1 September to 5 September 2021 (both dates inclusive).
Instantly Top up your Octopus cards with Octopus App
If you are a Octopus Wallet Plus or Pro customer, you can sign up for the FPS eDDA (electronic Direct Debit Authorisation) instant bank transfer service. After a one-time setup, you can enjoy the convenience of topping up your own Octopus cards, your maid's, or your children's, all with just a few clicks in the Octopus App, while at home or on the go. (click here for instructions in screen cap)
eDDA set up video
Top up Octopus cards instantly from your bank accounts
Top up Octopus or Octopus Wallet instantly via your bank app
All Wallet customers can now top up your Octopus or Octopus Wallet via designated bank app*. With the Octopus App, you can top up easily with greater flexibility.
Wallet Plus or Pro customers can complete the set up of instant bank transfer by making a fund transfer via designated bank app*.
*Participating bank:
HSBC
Standard Chartered Bank
Transfer from your bank account into Octopus Wallet, then top up your Octopus
Whichever form of Wallet account you have, including Wallet Lite, you can log into your bank account to transfer money into Wallet – and then use the funds to top up your Octopus, make online payments, and more.
Video of making a credit transfer
Transfer money from your bank account into Octopus Wallet
Our Faster Payment System services enable you to:
| Services | Wallet Lite | Wallet Plus or Wallet Pro |
|---|---|---|
| Using Octopus App, top up Octopus cards and Octopus Wallet directly, with money in your bank account |  |
 |
| Using your online banking service, transfer money into Octopus Wallet for subsequent Octopus top up | |
|
| Sign up for FPS Addressing Service to make P2P payments using mobile numbers | |
|
Not yet an Octopus Wallet user? Download Octopus App Now!
Download Octopus App
Making Everyday Life Easier
