Taipei-EasyCard Corp., the company that issues the most widely used stored value card in Taiwan, said Monday that it plans to launch a mobile payment service next year.
The EasyWallet app will be upgraded Jan 6. 2020 among 500 test users, and will become available to the wider public for payment service by the end of the first quarter, the company said.
The app will allow users to manage up to 20 EasyCards on a single account and automatically top-up their cards when the balance drops below a designated amount, the company said.
The range of services via the app will include in-store payments and money transfers, with single transactions of up to NT$50,000 (US$1,642) and a monthly limit of NT$300,000, according to EasyCard Corp.
Starting in Taipei and New Taipei and gradually extending to other cities, payment for public transportation services such as the MRT, buses, the Danhai Light Rail and YouBike will require no more than a tap on the user's phone, the company said.
EasyCard Corp. said it is also working with the Taipei City government to allow the use of the EasyWallet app for the payment of household water bills, roadside parking fees and medical bills in the Taipei City Hospital system.
Source: Focus Taiwan News Channel