About
Octopus Wallet, called O! ePay before its rebrand, is the network-based stored-value account inside the Octopus app, run by Octopus Cards Limited under a Hong Kong stored value facilities licence. It is separate from the physical Octopus card: users fund it from designated bank apps, the Faster Payment System, eDDA, NFC transfer from a linked Octopus card or cash at designated merchants, then use it for P2P transfers, online shopping, Octopus card top-ups and FPS transfers. Tiers run from Lite (HK$3,000 limit) to Pro (HK$30,000). Since October 2025 it can also fund payments at PayPay merchants in Japan in Hong Kong dollars.
O! ePay has been folded into Octopus's own wallet and now trades as Octopus Wallet / Octopus e-Wallet; the O! ePay brand is no longer used in Hong Kong wallet comparisons.
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