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Rakuten International Commercial Bank Co (樂天國際銀行) is partnering with Pi Mobile Technology Inc (拍付國際) on mobile payments by integrating Pi’s mobile wallet into its banking app, the Web-only bank said on Thursday.
Rakuten said its new cashless service would be available at supermarkets, convenience stores, department stores, pharmacies and online stores.
The Pi mobile wallet links to users’ credit cards, debit cards or bank accounts.
Payments are limited to NT$50,000 per use, NT$100,000 per day and NT$200,000 per month, the bank said.
“We need to expand our ecosystem if we want to be as successful as our affiliate, Japan’s Rakuten Bank,” Rakuten International chief