Banks offer ministry’s Taiwan Pay services — Taipei Times — “Taiwan Pay aims to provide more convenient, quicker payment services using QR code technology via smartphones, which have become a necessity in daily life,” deputy minister of finance Su Jain-rong told a news conference… The ministry spearheaded the development of Taiwan Pay to help the nation become a regional technology hub and to compete with Apple Pay, Samsung Pay and Android Pay.”
- 7-Eleven lets drivers pay at the pump with their voice
- Visa reports on tokenization adoption
- KBC rolls out support for wearable payments
- BNP Paribas to issue biometric payment cards to Premier and Gold cardholders
- Central bank blocks WhatsApp payments in Brazil
This article is more than two years old
One comment on this article
Comments are closed.
QR tags have the advantage over NFC that they will work with far more mobiles than any of the three proprietary systems and that they can be implemented on most ATMs and many point of sale devices with software only, no hardware change required. The widespread adoption of this technology in Asia might encourage the proprietary systems to open themselves to more devices.