Mobile payment systems also likely to be accepted: FSC
Taiwan News
Date: 2018/11/29
By: Matthew Strong, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – You could soon be able to pay your taxes, parking fines,
The FSC plans to allow the payment of fines, taxes and utility bills with credit cards at convenience stores and supermarkets. (By Associated Press)
power and water bills at convenience stores and supermarkets with credit cards, if the Financial Supervisory Commission (FSC) has its way.
Because those items are linked to the government, there is no fear that the payments will be abused to launder money, the Central News Agency reported.
The suspicion of money-laundering has been the main reason why convenience stores do not accept payment by credit card and refuse to accept cash payments of more than NT$20,000 (US$650), the report said.
The new proposal would change all that as it was designed to help citizens carry less cash around, the FSC said.
Convenience stores and supermarkets which at present accept general payments by Apple Pay, Google Pay, Samsung Pay and Taiwan Pay will also customers to use those systems to pay the fines, bills and taxes, CNA reported.
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