Focus Taiwan
Date: 2017/12/26
By: Tsai Yi-chu and William Yen
Taipei, Dec. 26 (CNA) Credit cards issued by eight state-owned banks and five private
CNA file photo
banks are to waive transaction fees when they are used at government institutions and public hospitals from Jan. 1, benefiting up to 19.61 million card holders, the Financial Supervisory Commission (FSC) said Tuesday.
Wang Li-chun (王立群), deputy director of the FSC’s Banking Bureau, said that to promote universal credit card and mobile usage, payment can be made by credit card to government agencies and medical institutions for medical treatment and registration fees without transaction fees.
Currently, some hospitals charge transaction fees when payment is made with a credit card, while others do not, Wang said. [FULL STORY]