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Wong Yu-ting, the managing director of the Yellow Taxi Group, wanted retailers to offer discounts to Octopus taxi passengers, but the Transport Department objected as taxi fare discount is illegal in Hong Kong. [42] In March 2018, Octopus Cards Limited announced plans to re-enter the taxi payment market with a new mobile app for taxi drivers.
Electronic Payment Services (simplified Chinese: 易办事; traditional Chinese: 易辦事; pinyin: Yì bànshì), commonly known as EPS, is an electronic payment system based in Hong Kong, Macau, and with limited acceptance in Shenzhen since it began operations in 1985.
Faster Payment System (FPS; Chinese: 快速支付系統, more commonly known as 轉數快) is a real-time gross settlement [1] payment system in Hong Kong that connects traditional banks and electronic payment and digital wallet operators. [2]
The vast majority of taxis in Hong Kong are owned by 17 independent taxi companies, although a few taxis are independently owned and operated. As of 2024, there are 18,163 taxis in Hong Kong, of which 15,250 were urban taxis, 2,838 were New Territories taxis, and 75 were Lantau taxis. Every day they serve about 1.1 million, 207,900 and 1,400 ...
Most of the taxis in Hong Kong run on LPG (liquified petroleum gas) to reduce emissions. In August 2000, a one-off grant was paid in cash to taxi owners who replaced their diesel taxi with an LPG one. Since August 2001, all newly purchased taxis run on LPG. By the end of 2003, over 99.8% of the taxi fleet in Hong Kong ran on LPG. [13]
As of 2007, Octopus Holdings Limited is a joint-venture business owned by five transport companies in Hong Kong; 57.4% by the MTR Corporation, 22.1% by the Kowloon-Canton Railway Corporation, 12.4% by Kowloon Motor Bus, 5% by Citybus, and 3.1% by New World First Bus. [6]
PayMe was introduced as a standalone mobile app, offering P2P social payment. [14] Users register via a Facebook account or Hong Kong mobile phone number and authorise access to a credit card or local bank account (not necessarily an HSBC account), from which the balance can be topped up, and a bank account to receive money.
A white card (Chinese: 白牌) is a citizen-owned automobile in Hong Kong used as an illegal unlicensed taxi. The term is a reference to fake taxi licenses. Actually it refers to the white license plates. Before 1983, taxis in Hong Kong had black license plates, while private cars had white license plates.