What's New in Payments

Line Pay tops mobile payments adoption poll in Taiwan

Line Pay top mobile payment system in Taiwan: Survey — Focus Taiwan — “25.2% of respondents who used mobile payment systems favoured Line Pay, ahead of Apple Pay provided by Apple Inc which was used by 17.9% of those surveyed. The survey found Jko Pay provided by Taiwan’s Jkos Network Co came in third, taking a 10.9% share, followed by Android Pay operated by Google Inc with 9.9% share, and E Sun Wallet provided by E Sun Commercial Bank with 5.2%.”


What's New in Payments

Taiwan to provide mobile payment adoption incentives

Taiwan outlines measures to promote mobile payment usage — Focus Taiwan — “Premier Lai Ching-te on Tuesday urged government agencies to earmark spending to subsidize transaction fees in a way that makes the use of mobile payments for in-store purchases more attractive to consumers… The government has set itself the target of 90% of mobile phone users using mobile payments by 2025, a major increase from the current level of 13%.”








NFC World

HTC to enter payments market?

Phone maker HTC is set to announce a mobile payments partnership with Taiwan’s Cathay United Bank, transportation card issuer EasyCard and MasterCard, according to Taiwan’s Central News Agency... More