Octopus Cards Ltd.

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Octopus Cards Limited
Type	Government-owned corporation - joint venture six transit companies, namely MTR Corporation (57.4%), KCR (22.1%), Kowloon Motor Bus (12.4%), Citybus (5%), NWFB (3.05%) and New World First Ferry (0.05%). The Government of Hong Kong is effectively the biggest shareholder as it owns three-quarters of MTR Corporation and 100% of KCR. (As of 2005).
Founded	Hong Kong, (1993)
Headquarters	Hong Kong
Key people	Eric Tai, CEO of Octopus Cards Limited
Products	Octopus cards
Employees	~200
Slogan	None
Website	www.octopuscards.com/

This article is about the operator of the namesake card. For the card of the same name, see Octopus card.

Octopus Cards Limited (traditional Chinese: 八達通卡有限公司) is the operator of the Octopus rechargeable contactless smart card used in an electronic payment system in Hong Kong. The company was founded in 1993 as a non-profit joint venture between Hong Kong's major transport operators, and was initially known as Creative Star Limited. The company later became both a profit making venture and a regulated third tier financial institution (a special purpose Deposit Taking Institution) regulated by the Hong Kong Monetary Authority. The company is authorised to issue general purpose stored value cards that are now extensively used on transport and also in vending, low value retail payments, schools, door access etc. At the end of 2005 the original Octopus company restructured and become a group of companies under Octopus Holdings Limited, of which Octopus Cards Limited is one of the 100% owned subsidiaries.