Press Release 13 June 2025
Octopus Launches Special Offer for FEHD Public Markets
Supporting Small and Micro Merchants with Fund Transfer Fee Waiver
HONG KONG, June 13, 2025 — Octopus Cards Limited (Octopus) has been driving merchant digitalisation continuously and actively supporting micro merchants in accepting e-payments to enhance their business operation. Octopus announced that starting 16 June 2025, FEHD public market stall operators can apply for Octopus App for Business accounts with zero setup costs to accept Octopus electronic payments, and enjoying complete bank account transfer fee waivers for three years.
Initiative Details
- Free Mobile POS Device with Zero Setup Costs
From 16 June 2025, FEHD public market stall operators who successfully apply for Octopus App for Business accounts will receive a complimentary Octopus Mobile POS device (retail value: HK$228), enabling immediate acceptance of Octopus electronic payments with no account opening fees or setup costs. - Complete Transfer Fee Waiver for Three Years
Successful applicants will enjoy bank account transfer fee waivers for the first three years. After the waiver period, operators pay only 1% bank account transfer fees. This benefit applies to existing FEHD public market stall operators already using Octopus App for Business accounts (effective from 16 June 2025).
Through zero setup costs and three-year transfer fee waivers, we're providing substantial support to public market operators, promoting e-payment adoption that benefits both stall operators and customers alike.
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