Reported 12 months ago
The Financial Supervisory Authority (FSA) in Taiwan has amended the 'Regulations on Electronic Payment Institutions,' expanding the scope of electronic payments. This includes allowing automatic deductions from unspecified amounts for various services such as food delivery, taxi services, and parking. The move is expected to increase competition in the third-party payment market and provide more diverse payment options for consumers, benefiting both businesses and the electronic payment industry as a whole.
Source: YAHOO