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TWQR Inbound to Launch in Late April, Making Payments More Convenient for Japanese Tourists in Taiwan

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Taiwan's FISC announced the launch of the 'TWQR Inbound' service. Starting late April, Japanese tourists can use PayPay at 400,000 stores in Taiwan, with Singapore's NETS to follow in Q2.

AI Analysis

Frequently Asked Questions

Q: What payment apps can Japanese people use in Taiwan?
A: Starting from the end of April, PayPay in Japan can be used at 400,000 TWQR-compatible stores across Taiwan.
Q: What is TWQR?
A: TWQR is a unified QR code system that can be read by various banks and payment apps in Taiwan.
Q: What is the difference compared to credit cards?
A: TWQR is easier to implement in small-scale food stalls and local specialty shops that do not accept credit cards, thus broadening the scope of tourism.