Apple Pay gets approval from Taiwanese financial institutions

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Throughout this year, we have heard little or practically nothing about Apple Pay. A little over a month ago we informed you of the next country where Apple Pay would be available: Taiwan. According to the Taiwanese media Focus Taiwan, at least seven banks in the country have already given the go-ahead to the government to be able to work with Apple Pay, after the approval of the government of the country, the main obstacle that Apple was facing in this Asian country.

According to the body in charge of the country's financial system, FSC for its acronym in English, The banks that have signed up to offer Apple Pay in Taiwan are:

  • Taipei Fubon Commercial Bank
  • Cathay united bank
  • E.Sun Commercial Bank
  • Taishin International Bank
  • CTBC Bank
  • First Commercial Bank
  • Union Bank of Taiwan

When Apple Pay finally launches in Taiwan, this country will become the fourteenth to offer Apple Pay after the United States, Australia, Canada, France, Russia, Switzerland, the United Kingdom, Australia, China, Hong Kong, New Zealand, Singapore, Japan and Spain. According to the latest rumors, Germany and Italy will be the next countries that will also be able to offer Apple Pay in their respective countries.

Since launching in October 2014, in the United States, Apple Pay has managed to carve out an important gap among userss when making payments with your mobile devices without having to carry your credit card wherever we are. In the United States it has become the most widely used mobile medium, surpassing all powerful PayPal. Today it is available in one out of every three American stores, and Apple's plans are to make the share reach 50% before the end of this year.


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