East Asia & Pacific · GDP rank #20
Taiwan
TW · TWD @ 0.0318/USD
Tab 08
Pulse
The preceding ~90 days of macro, regulation, product, funding and milestone events. Each item is primary-sourced; no trade-press echo.
- 3 weeks agomilestone
Apple Pay ECP transit set for July 2026 Taipei Metro launch
Taipei Metro confirmed that Apple Pay Express Contactless Protocol and open-loop credit-card acceptance will go live across the network in July. The change opens Taiwan's largest single transit footprint to international wallets and pressures iPASS / EasyCard stored-value share; the 7-bank Apple Pay launch cohort (Taipei Fubon, Cathay United, E.Sun, Taishin, CTBC, Standard Chartered, Union Bank of Taiwan) holds the initial provisioning advantage.
- #apple-pay
- #transit
- #taipei-metro
Source: Focus Taiwan
- 5 weeks agolaunch
PayPay (Japan) corridor goes live on TWQR for inbound Japanese tourists
Japan's PayPay enabled outbound QR payments at TWQR-tagged Taiwanese merchants. The integration was scheduled to go fully operational by end-April per FISC's interoperability roadmap; it follows the FPS-PromptPay corridor pattern and is PayPay's first outbound QR market outside the Japan-Singapore NETS link.
- #twqr
- #paypay
- #cross-border
- #japan
Source: SoftBank
- 6 weeks agodata
CBC: TWD appreciated 2.1% vs USD in Q1 on TSMC-led export surplus
CBC's April financial conditions release recorded TWD appreciation of 2.1% against the dollar in Q1 2026, driven by sustained TSMC-led export surplus. The central bank reiterated its 'managed float — smoothing only' position; the FX surplus is now feeding into FSC stress-test design for the 2026 banking cycle.
- #cbc
- #fx
- #macro
Source: Central Bank of the Republic of China (Taiwan) — CBC
- 3 months agolaunch
TWQR-Thailand PromptPay cross-border interop goes live
FSC and the Bank of Thailand activated the TWQR-PromptPay corridor on 12 March. Taiwanese travellers can scan PromptPay merchants in Thailand; Thai visitors can pay TWQR merchants in Taiwan. The corridor follows the FPS-PromptPay pattern; Vietnam and Philippines interoperability negotiations are scheduled to conclude in Q3 2026.
- #twqr
- #promptpay
- #cross-border
- #thailand
Source: Financial Supervisory Commission (FSC)
- 3 months agomilestone
CBC Digital NTD Phase 1 retail pilot reaches 20,000 participants
CBC's Digital New Taiwan Dollar retail pilot Phase 1 completed onboarding to 20,000 participants across five banks (Bank of Taiwan, Mega, CTBC, First Bank, Taishin) in a closed-loop FSC sandbox. The phase tests offline payment, holding caps and integration with commercial-bank distribution; a go/no-go milestone is targeted for 2027.
- #cbc
- #digital-ntd
- #cbdc
- #pilot
Source: Central Bank of the Republic of China (Taiwan) — CBC
- 3 months agodata
FSC approves Chunghwa Post digital wallet for H2 2026 launch
Financial Supervisory Commission approved Chunghwa Post's mobile wallet design for H2 2026 launch. Addressable depositor base of 28 million — the largest in Taiwan — opens immediate competitive pressure on LINE Pay (13.2m users), JKOPay (7.4m) and icash Pay (5.6m). The state postal-bank entrance is the most material new wallet launch since LINE Pay Taiwan in 2014.
- #fsc
- #chunghwa-post
- #wallet
- #launch
Source: Financial Supervisory Commission (FSC)