Reported 12 months ago
As the trend shifts towards points economy, more banks are transitioning from cash back to points rewards for credit card users. Taishin Bank indicates that nearly 90% of all credit cards issued by major banks in Taiwan, including themselves, are now offering points rewards. Taishin Bank estimates that their cards can contribute up to 40 billion points back into the market annually. With the rise of digital platforms, the application of 'points programs' has become a prevalent trend, with the conversion to points rewards offering greater business opportunities and flexibility for consumers.
Source: YAHOO