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Some of East Asia’s biggest tech companies are delving ever deeper into the world of crypto, with Japanese and South Korean mega-companies eyeing metaverse, non-fungible token (NFT), Web 3.0, and blockchain business expansion.
With the pandemic persisting, vending machines seem to be one of the few businesses flourishing as they offer a contactless distribution channel, providing safety for both sellers and buyers.
The 4.55 million users of iPass Money — the nation’s second-largest electronic payment service, which was previously called Line Pay Money — found the service more inconvenient to use after iPass Corp (一卡通票證) and Line Pay Taiwan (連加網路商業) separated. The service was initially a collaboration of the two companies, but it has been solely operated by iPass since Line Pay sold its stake in the service and walked out of the iPass boardroom in November last year, data from the companies showed. However, iPass, a Kaohsiung-based stored-value card company, does not have an i...
Japan’s Line Corporation is enabling payments at select digital merchants with its native token called LINK (LN). This is an experimental feature for users of the messaging app and the use cases will be analysed between March 16 and December 26 this year, the company said.
In the first three quarters of last year, payments via mobile tools accounted for one-fifth of all payments made with a credit card in Taiwan, up from 15.5 percent in 2020, as more merchants and consumers embraced the contactless method, data released early last month by the National Credit Card Center (NCCC) showed. While the ratio of payments via mobile tools to total credit card payments in the January-to-September period rose from 4.9 percent in 2020 to 7.8 percent last year, the percentage remained low, as people used mobile payment tools for minor purchases, the NCCC data showed. Of the ...