Press Release

Octopus Simplifies Account Upgrades with iAM Smart Integration

(Hong Kong, 17 March 2025) Octopus Cards Limited (Octopus) continues its commitment to enhancing user experience by introducing iAM Smart authentication for a streamlined and improved Octopus Wallet application and upgrade process. This new feature offers Octopus users a more convenient identity verification option, making upgrades easier than ever.

Users can verify their identity seamlessly by simply logging into the Octopus App, selecting iAM Smart authentication, and follow the instructions to complete identity verification to upgrade. This not only saves users time and simplifies the application process but allows for quicker access to the exclusive features of Octopus Wallet Pro (Verified)/Plus:

1. Access multiple payment methods for easy transactions locally, in Mainland China, and globally:
   • Scan to pay at UnionPay merchants worldwide, WeChat Pay in Mainland China, ZeroPay in South Korea, and PromptPay in Thailand via QR code.
   • Enjoy effortless online payments with Octopus App from food delivery to the eCommerce.
2. Set up Faster Payment System (FPS) eDDA for direct top-ups to Octopus Card and Octopus Wallet from the bank account.
3. Benefit from higher stored value and daily transaction limits to meet everyday needs.

Upgrade the Octopus Wallet in 3 Easy Steps

Upgrading the Octopus Wallet is now simpler than ever with these three easy steps:

1. In the Octopus App, select ‘Wallet’ and then click the arrow icon next to ‘Balance’.
2. Choose to verify with ‘iAM Smart’: Users will be redirected to the ‘iAM Smart’ application to complete authentication quickly and easily.
3. After completing the upgrade as instructed, users can start enjoying the exclusive features of Octopus Wallet Pro (Verified)/Plus.

 

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