Taiwan rolls out mobile payments rewards programme


Taiwan’s government has teamed up with several mobile payment companies to launch a USD 14.24 million nationwide mobile payments rewards programme.

According to data compiled by the Financial Supervisory Commission (FSC), mobile payment transactions have increased more than threefold from TDW 14.8 billion in 2017 to TDW 47.8 billion in 2018.

According to Taipei Times, the companies participating in the programme are Taiwan Pay, Line Pay, Jkos Pay, and Pi, and offers payment rewards of 15 to 20% with a maximum of TDW 1,000 per account per month.

The rewards are redeemable through purchases made with the mobile payment systems at more than 200 shopping districts and stores across the country.

Source: The Paypers

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: