Hong Kong has a highly developed and sophisticated transport network, encompassing both public and private transport. Over 90% of the daily journeys are on public transport, making it the highest rate in the world.
Since 1997, a smart electronic money payment system, namely the Octopus card, has been introduced to provide an alternative to the traditional banknotes and coins. Available for purchase in every station of the Mass Transit Railway system, the Octopus card is a non-touch payment system which allows payment for not only public transport (such as trains, buses, trams, ferries and minibuses), but also at parking meters, convenience stores, supermarkets, fast-food restaurants and most vending machines.
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