What's New in Payments

Taiwanese banks sign up for NFC

Twenty seven banks have signed up to use an NFC payments hub being introduced by Taiwan Mobile Payment Co (TWMP), a joint venture formed in July 2014 by three Taiwanese banking groups that will work with local carriers to enable the banks to securely provision customers’ card details to their NFC phones... More




USI to supply iWatch chips?

“USI is the sole SiP [system in package] supplier for iWatch devices, which are expected to come in three versions: one style for men, one for women, and another low-cost version due for release in 2015”, sources have told Taiwan’s DigiTimes... More















NFC World

Chunghwa launches NFC payments in Taiwan

Chunghwa Telecom

Taiwan’s largest mobile network operator’s NFC payment service has gone live and four banks will now begin the roll-out of Chunghwa Telecom’s mobile credit card service, which enables Mastercard PayPass credit cards to be issued over-the-air to customers’ NFC-enabled SIMs, starting with Cathay United Bank... More