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Taiwan

New Taiwan dollar (TWD)

The Financial Supervisory Commission (FSC) in Taiwan actively supports and regulates the growth of digital banking, promoting cashless payments. Mobile payment platforms, such as LINE Pay, JKoPay, and Apple Pay, have seen widespread adoption, contributing to the increased use of digital payments

Taiwan
Taiwan Flag

Population

23,950,000

Banked Population:

95%

Group 427321246

Main industries

Services Industry, Manufacturing, Agriculture, and Imports & Exports

Group 427321247

Main imports

Integrated Circuits, Crude Petroleum, Machinery Having Individual Functions, Petroleum Gas, and Coal Briquettes

Group 427321248

Main exports

Integrated Circuits, Office Machine Parts, Computers, Refined Petroleum, and Broadcasting Equipment

GDP stats

$34,505

per capita (USD)

2.6%

Growth Annually

22

World ranking

Internet usage

92%

Smartphone usage

88%

Credit / Debit card usage

80%

Online banking usage

75%

Group 427321245 1

Total volume of digital payments projected to reach

$116B USD

Payment Methods in Taiwan

All
  • All Methods
  • P2P
  • Cash

P2P

7 Eleven

Cash

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