Harnessing the latest technological advancements, the new DBS Octopus ATM Card combines the functions of ATM card with Octopus' contactless smart card, offering customers the convenience of banking and payment with one card.
Leveraging on the networks of Octopus and China UnionPay, DBS Octopus ATM Card enables customers to make purchases at more than 50,000 Octopus payment points of over 2,500 service providers covering public transport operators and retailers and nearly-80,000 merchant Point-of-sale (POS) terminals through EPS and China UnionPay network in Hong Kong, offering an ultimate practical solution to busy people. DBS Octopus ATM Card can be used at over 890,000 ATMs in the JETCO and China UnionPay networks for a wide range of banking services including cash withdrawal and deposits, bill payment, fund transfer and more. Moreover, Octopus Automatic Add-Value Service and Octopus Rewards is incorporated to enhance the user experience.
Amy Yip, Chief Executive Officer of DBS Bank (Hong Kong) Limited said, "DBS is honoured to cooperate with Octopus and China UnionPay for the launch of this new card. With our partnership, the DBS Octopus ATM Card is enhanced in terms of its functionality and coverage, fulfilling customers' need for simple banking solutions. Putting customers as our top priority, DBS constantly strives to provide our customers with brand new banking experience and products that best suit their needs and lifestyle."
Rajan Raju, Group Executive of Consumer Banking Group, DBS Bank Limited said, "DBS Octopus ATM Card not only provides customers with greater ease in managing their finances but also enhances their shopping experience. We believe the new card would bring DBS customers and busy Hong Kong people greater convenience. We have also waived the annual fee for the card so as to spread the double convenience to more people."
Prudence Chan, Chief Executive Officer of Octopus Cards Limited said, "We are very delighted to be partnering with DBS and China Union Pay to launch the first-in-town ATM card with Octopus function. The newly-launched DBS Octopus ATM card shares Octopus' mission of "Making Everyday Life Easier" by offering customers with a brand-new experience to enjoy hassle-free banking and Octopus services, along with the benefits of Octopus Automatic Add-Value Service and Octopus Rewards. By consolidating banking, everyday spending and rewards into one product, the new card is tailor-made to meet the demanding lifestyle needs of Hong Kong customers."
