With the upsurge of financial technology, business models around the world have also developed a variety of appearances. The sudden epidemic has catalyzed the growth of mobile payment usage. In order to meet the needs of epidemic prevention, Taiwanese people do choose non-cash payment methods. , to reduce the risk of infection, the Financial Supervisory Commission 's investigation also shows that in 2020, the transaction volume of Taiwan's mobile payment exceeded NT$423 billion.
The reason for the record high banner design consumption scale is not only that the epidemic has created a low-contact lifestyle, but also large retailers such as FamilyMart, 7-ELEVEN, and Quanlian have also joined the war of self-operated payment, and a variety of payment scenarios have gradually converged , which effectively accelerated the development of the mobile payment industry. New version of LINE Pay app cancels MONEY card Photo Credit: WebMD But do you know? The "mobile payment" we often hear is actually a broad concept.
Payment behaviors that can be initiated through the Internet and any mobile access device, such as payment by mobile phone, tablet, voice, message, etc., can be used for payment. Classified under broad action payments. In the narrow sense, mobile payment refers to simply paying through mobile devices such as mobile phones or smart watches as a carrier. The purpose is to replace cash and credit cards, and it is expected to optimize the payment experience of consumers. There is currently no mobile payment (narrow sense) in Taiwan. The Apple Pay and Android Pay that the industry and readers often use are operated by well-known foreign manufacturers.