Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Wednesday, May 15 2019 - 11:00
AsiaNet
Tutuka Launches Its First Program in Hong Kong with Octopus
HONG KONG, May 15, 2019 /PRNewswire-AsiaNet/ --

Octopus with the help of Tutuka's APIs are on the fast track to  make global 
online payment more inclusive for the people of Hong Kong 

In March 2019, Global payments enabler, Tutuka, announced their first venture 
into Hong Kong in conjunction with Octopus Cards Limited (OCL) and launched a 
virtual prepaid card, O! ePay Mastercard, allowing users to shop globally 
online at any merchants that accept Mastercard. 

Logo - https://photos.prnasia.com/prnh/20190514/2465852-1logo
(Tutuka Logo)

Mr. Sunny Cheung, Chief Executive Officer of OCL, said: "We are excited to 
partner with Tutuka to offer a seamless global online payment experience to our 
O! ePay customers as part of our continuous efforts in bringing greater value 
to Hong Kong."

OCL is one of the most trusted payment brands in Hong Kong, especially within 
the transport and retail sectors. Now, with Tutuka's support, its leadership is 
further extended into the global e-payments market. Tutuka is known for 
providing robust solutions, which enhance and enable closed loop systems to 
have access to the open loop market, and the new Octopus O! ePay Mastercard is 
no different.

The O! ePay Mastercard targets younger customers with growing global online 
shopping needs as well as those who prefer not to use their credit or debit 
cards online. Customers can simply sign up for an O! ePay account via the 
Octopus App and get the O! ePay Mastercard instantly with just a few clicks 
without the need to submit any proof. Customers can top up their O! ePay 
account and funds are then immediately available for the O! ePay Mastercard. 
The maximum account balance for O! ePay is HK$10,000.

Both Tutuka and OCL understand the demand for an innovative global online 
payment solution. Ms. Sekai Ndemanga, Head of Global Partnerships at TUTUKA, 
said: "Tutuka is known for helping the unbanked have access to reloadable 
prepaid cards. This will provide a much-needed alternative for those in need. 
We are delighted that our platform enables companies like OCL to push the 
boundaries of innovation in launching innovative payment solutions that make a 
real difference to the Hong Kong people."

About Tutuka
TUTUKA makes payments happen by enabling our clients' customers to pay with 
Mastercard, Visa and Union Pay cards and products. This allows many of the 
unbanked in the world the opportunity and freedom to use these products. With 
more than 20 years of experience, TUTUKA processes millions of dollars in 
transactions for over 400 prepaid card programs across Africa, the Middle East, 
Latin America and Asia. Visit https://www.tutuka.com/ for more information.

SOURCE: Tutuka
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