Taiwan Mobile Payment Market Developments and Industry Trends (pre-order)

Abstract

Taiwan Mobile Payment Market Developments and Industry Trends (pre-order)

Executive Summary:

Taiwan's mobile payment industry is booming. In addition to mobile payment service providers, various cross-industry players such as financial institutions, retailers, communications, and telecommunications service providers have also jumped on the bandwagon. Therefore, the competition in the mobile payment industry has been fierce. According to the statistics of Taiwan's Financial Supervisory Commission, the monthly number of electronic payment users has exceeded 16 million in Taiwan. This report provides an overview of the mobile payment industry and market in Taiwan, examines the changes in the domestic mobile payment market, highlights the strategies of major players, and looks into future trends of the industry.

Content

Table of Contents:

1.Taiwan Mobile Payment Industry Classification
2.Development of the Taiwan Mobile Payment Market
2.1 COVID-19 Drives Growth in Electronic Payment Users and Collection/Payment Amounts
2.2 The Real Time Gross Settlement System to Break Restriction on Cash Flow and Facilitate Cross-border Payment
3.Taiwan mobile payment industry development trends
3.1 Trend #1: Retailers with Membership and Channel Advantages to Make Inroads into Electronic Payment Market
3.2 Trend #2: Electronic Payment and Stored Value Card are Integrated to Expand Channels
3.3 Trend #3: Expanding from Consumer Payment to Diverse Financial Services
3.4 Trend #4: Modular Platform Services Catering to Business Needs and Improve Business Efficiency
4. MIC Perspective
Appendix
List of Companies
List of Topics
- Development of the Taiwan mobile payment industry, which is classified into the third-party payment and electronic payment, and includes four key development trends
- Development of the Taiwan mobile payment market, including monthly data on electronic payment usages and collection and payment amounts of several leading electronic payment service providers in Taiwan, such as JKO Pay, iPass, E.SUN Commercial Bank, EasyCard, etc.
- Development of leading mobile payment service providers in Taiwan, including Line Pay Co., Pi Mobile, EasyCard Co., JKO Pay Co., iCash Co., and AllPay (OPay)

List of Tables:
Table 1 Mobile Payment Industry Classified by Competent Authority
Table 2 The List of Taiwan's Electronic Payment Institutions
Table 3 Development of Electronic Payment Institutions in Financial Services

List of Figures:
Figure 1 Mobile Payment Industry Classification
Figure 2 The Monthly Electronic Payment Users by Institution in Taiwan, January 2021 – March 2022
Figure 3 The Monthly Collection and Payment Amount of Domestic Electronic Payment Institutions, January 2021 – March 2022
Figure 4 Domestic Retailers with Electronic Payment Systems