Taobao Now Supports NFC Mobile Payments by Hong Kong Octopus Users

Taobao and Alipay of Alibaba Group just rolled out NFC mobile payment solution, named OOP (Octopus Online Payment), together with Octopus Cards Limited (OCL).

Octopus mobile app users now can make payments, through their NFC-enabled mobile devices, for purchases on Taobao marketplace. OOP charges a 1.5% fee of the total transaction amount. It sets a daily payment limit of HK$1,000 for each Octopus account.

Octopus applications are widely used by Hong Kong people in their daily lives. Alipay and Taobao marketplace are seeing rising popularity among Hong Kond users.

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom