Taiwan Mobile Payment Co (TWMP)
News stories featuring Taiwan Mobile Payment Co (TWMP):
April 10th, 2017
Some 415,000 cards were registered to Apple Pay two days after it launched in Taiwan in March 2017, the Financial Supervisory Commission has revealed. Taiwan Mobile Payment Co’s (TWMP) T Wallet+ host card emulation (HCE) service — which launched in August 2016 — “pales in comparison at only 33,000,” The China Post reports. “T Wallet+ actually has double the number of partnering banks in comparison with Apple Pay — the former having 14 and the latter seven.”
August 12th, 2016
A total of 14 banks within the Taiwan Mobile Payment Co (TWMP) have begun rolling out host card emulation (HCE) based mobile payment services, utilizing technology from Mozido.
October 26th, 2015
Taiwan Mobile Payments Co (TWMP), the mobile payments TSM venture established in 2014 by three Taiwanese banking groups, has signed a deal with Mozido to provide its 27 member banks and financial institutions with a…
January 23rd, 2015
Taiwan Mobile Payment Co (TWMP), the consortium of regional banks bringing NFC payments to market in Taiwan, is to use Oti Wave, the NFC payment dongle developed by On Track Innovations. TWMP was formed in July 2014 by three Taiwanese banking groups and has since signed up 27 banks to use its NFC hub to connect with local carriers. Oti Wave, unveiled in 2012, is certified by Visa and MasterCard, and has also been adopted by Hong Kong ATM network JetCo. The device has also been tested by a major US bank.
December 10th, 2014
Twenty seven banks have signed up to use an NFC payments hub being introduced by Taiwan Mobile Payment Co (TWMP), a joint venture formed in July 2014 by three Taiwanese banking groups that will work with local carriers to enable the banks to securely provision customers’ card details to their NFC phones. The new hub is being provided to TWMP by Gemalto.
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