Taiwan Cooperative Bank, Visa implement QR code payment in Taiwan

Friday 12 October 2018 00:14 CET | News

Taiwan Cooperative Bank (TCB) and Visa have announced the implementation of a standardised and EMV-compliant QR code payment for Taiwan.

The new EMV solution will be amongst the first large-scale deployments of standardised QR code payments in Taiwan, initially covering more than 8,000 TCB acceptance points. In the future, consumers can link their TCB Visa debit or credit cards with the Taiwan Mobile Payment mobile app to experience mobile payment.

Visa announced plans to introduce QR code payment in Taiwan in July 2017, after the introduction of Apple Pay, Samsung Pay, and Google Pay in March, May, and June of the same year.

TCB’s EMV QR code solution offers extensive payment applications, including payments for credit card bills, utilities, insurance premiums, tuition fees, air tickets, taxes, food, and ecommerce purchases.

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Keywords: Taiwan Cooperative Bank, Visa, QR code, Taiwan, EMV, mobile app, credit card, mobile payments
Countries: World