This app enables businesses to manage Octopus payments, apply for business accounts, and receive instant notifications. It facilitates easy fund transfers to bank accounts and allows for the generation of QR codes for customer payments. Merchants can also view transaction history and manage cashier access.
3.21.0
July 9, 2026
User experience enhancements and bug fixes
The Octopus for Business app allows merchants to apply for an Octopus Business Account, accept payments via Octopus card and QR codes, and manage their business finances. It provides instant payment notifications, facilitates fund transfers to bank accounts, and allows for the generation of QR codes for customer payments.
Key features include submitting business account applications, receiving instant payment notifications, transferring received monies to bank accounts via FPS, setting up auto bank transfers, generating Octopus QR codes for payments, viewing payment history, and switching between Cashier and Shop Owner modes for different levels of access and management.
Based on the provided information, the app is free to download and use. There are no mentions of subscription fees, in-app purchases, or advertisements within the application's description.
The app is intended for merchants and business owners who need a convenient way to accept Octopus payments and manage their business accounts directly from their iOS mobile devices. It caters to businesses looking for efficient payment processing and financial management tools.
The app connects to the Faster Payment Service (FPS), allowing you to instantly transfer funds from your Octopus Business Account to your pre-registered bank accounts on a 24/7 basis. You can also set up an 'Auto Bank Transfer' for automatic transfers on a daily, weekly, or monthly basis.
