Most used e-wallets among respondents in Taiwan 2020
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According to a Taiwanese internet survey, almost 58 percent of respondents who used mobile payment methods said they used LINEPay, followed by 42 percent who used Apple Pay. About 27.2 percent of females and 24.3 percent of males in Taiwan used mobile payment methods as of August 2020.
Digital payment providers in Taiwan
While China’s digital payment market was dominated by Alipay and WeChat Pay, the mobile payment providers in Taiwan were still tangled up in the fight for the greatest market share. Relying on its massive user base in Taiwan, the instant communication app LINE took the largest share of the digital payment market in Taiwan. The domestic third-party payment service provider JKOPay secured a growing number of consumers by its high penetration in physical shops and restaurants. Meanwhile, backed up by the Taiwanese government, the official mobile payment app Taiwan Pay also rose sharply.
Digital payment providers in Taiwan
While China’s digital payment market was dominated by Alipay and WeChat Pay, the mobile payment providers in Taiwan were still tangled up in the fight for the greatest market share. Relying on its massive user base in Taiwan, the instant communication app LINE took the largest share of the digital payment market in Taiwan. The domestic third-party payment service provider JKOPay secured a growing number of consumers by its high penetration in physical shops and restaurants. Meanwhile, backed up by the Taiwanese government, the official mobile payment app Taiwan Pay also rose sharply.
