Octopus Card

Octopus Card

Hong Kong Contactless Payments

VS

Alipay

Chinese Consumers

Alipay
Fees from
From 1.5% for merchants vs Custom
Features

0 shared

1 unique to Octopus Card · 2 unique to Alipay
Regions

1 shared

7 unique to Alipay
Pay methods

0 shared

5 unique to Octopus Card · 7 unique to Alipay
On region

Alipay covers 8 regions; Octopus Card covers 1. Verify directly with each provider before signing.

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Show full specs
3 features · 12 payment methods · 8 regions. We don't rank these — they're here for reference.
Octopus Card Octopus Card
Alipay Alipay
Quick Facts
Fees
Standard transaction rate
From 1.5% for merchants
Custom
Settlement
Time to receive funds
—
Next business day
Founded
1997
2004
Headquarters
Hong Kong
Hangzhou, China
Sandbox / Test Mode
—
✓
Webhook Support
✓
✓
Features
Alipay leads (2 vs 1)
Enterprise Unique
—
✓
Instant Payout Unique
—
✓
Low Fees Unique
✓
—
Payment Methods
Alipay leads (7 vs 5)
Alipay Unique
—
✓
Apple Pay Unique
✓
—
Contactless Unique
✓
—
Digital Wallet Unique
—
✓
Google Pay Unique
✓
—
Jcb Unique
—
✓
Mastercard Unique
—
✓
Mobile Wallet Unique
✓
—
Qr Code Unique
—
✓
Samsung Pay Unique
✓
—
Unionpay Unique
—
✓
Visa Unique
—
✓
Regions
Alipay leads (8 vs 1)
Africa Unique
—
✓
Asia
✓
✓
Europe Unique
—
✓
Latin America Unique
—
✓
Middle East Unique
—
✓
North America Unique
—
✓
Oceania Unique
—
✓
Southeast Asia Unique
—
✓

Octopus Card is best when you...

Hong Kong Contactless Payments
Need Low Fees
Not available with Alipay
View Octopus Card

Alipay is best when you...

Chinese Consumers
Need Enterprise
Not available with Octopus Card
Need Instant Payout
Not available with Octopus Card
Want coverage in Africa, Europe, Latin America, Middle East, North America, Oceania, Southeast Asia
Octopus Card doesn't cover these regions
View Alipay

Frequently Asked Questions

What is the difference between Octopus Card and Alipay?
They share 0 payment methods and 1 region. Octopus Card adds Apple Pay, Contactless, Google Pay and 2 more that Alipay does not list; Alipay adds Alipay, Digital Wallet, JCB and 4 more that Octopus Card does not list; Alipay also covers Africa, Europe and 5 more; only Octopus Card offers Low Fees.
Which is cheaper, Octopus Card or Alipay?
Octopus Card has published rates from From 1.5% for merchants; Alipay has custom pricing quoted on engagement. Headline rates exclude fixed per-transaction fees, FX and chargeback costs, so model your own mix before deciding.
Where can I use Octopus Card and Alipay?
Octopus Card lists 1 region and 5 payment methods; Alipay lists 8 and 7. both cover Asia. Check the country list on each profile before onboarding — regional coverage is not the same as local acquiring.
How do Octopus Card and Alipay compare on integration and settlement?
Alipay offers a sandbox, Octopus Card does not list one; both support webhooks; Alipay publishes a settlement time of Next business day.

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Data on this page is indicative and may be out of date — always verify fees, coverage, and terms directly with each provider before signing. Comparisons are generated from published data and provider-submitted updates; they are information, not advice or an endorsement. Some outbound links may earn us a referral commission — commissions never influence scores or rankings.

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