Apple Pay Green Light for Taiwan, ‘New Life’ in Japan

2017-03-07 1408 Posted by 3uTools

Taiwan's financial regulator, the Financial Supervisory Commission, has granted approval to seven major banks to offer Apple Pay – Apple's biometrically secured mobile wallet – to their customers, paving the way for the service to launch in the state.

The banks concerned are Union Bank of Taiwan, First Commercial Bank, CTBC Bank, Taishin International Bank, Sun Commercial Bank, Cathay United Bank, and Taipei Fubon Commercial Bank. As The China Post reports, the banks together account for a little over 62 percent of Taiwan's credit card market, suggesting considerable support for Apple Pay in the state when it launches officially. Apple has indicated that a launch is on the way, but hasn't yet set a date.

Apple Pay Green Light for Taiwan, ‘New Life’ in Japan

Meanwhile, across the East China Sea, Apple Pay is getting a big push in Japan. The mPayment service recently added six new issuers in the country, including Life, PocketCard, Cedyna, JACCS, EPOS, and APLUS, and is running a two-month promotional campaign to help further stoke interest in the service, with numerous companies offering store rewards and even cash back for Apple Pay purchases.

Dubbed ‘New Life’, the promotional campaign runs from March 1st to April 30th, with participating merchants including JR East, Mini Stop, Sukiya, Japan Taxi, Toho Cinemas, and more.

Source: mobileidword

Related Articles

Consumer Reports Crowns Apple Pay Cash Best P2P Payments Service Apple Pay Will be Available in China in 2016 iPhone X: Six Core A11 Fusion Chip, Wireless Charging Hints, Apple Pay + Face ID Details and more How to Solve the Problem of Apple pay Could Not Add Card Why Apple Pay Has a Poor Performance in the US? Apple Pay Adds An Additional 14 New Banks And Credit Unions in China Apple Pay Goes Live in Japan, With Glitches for Transit Users Apple Releases Fifth iOS 11.2, macOS 10.13.2, And tvOS 11.2 Betas