Octopus takes mobile step to winning more customers

Octopus Cards, which runs the city's earliest and dominant contactless smart card system, says competition from banks in payment technology is intense but it fights to maintain its pioneering advantage by providing a variety of ways to pay, such as Octopus watches instead of cards, and now by flashing the mobile.

via Business feed http://www.scmp.com/business/companies/article/1306562/octopus-takes-mobile-step-winning-more-customers