Octopus Card "Loss and Misuse" Protection is the first of its kind, exclusively for customers covered under Avo eWallet Protection mini.

According to the Hong Kong Monetary Authority (HKMA), multi-purpose SVFs can be classified into physical ones (e.g. prepaid cards) and non-physical ones (e.g. e-wallets). Physical ones are prepaid cards issued by licensed SVFs, and electronic ones are non-physical wallets operating in the form of a network.