The FSC amended some of the clauses of the aforementioned Regulations on August 28, 2018, to make payment for purchases by e-payment accounts more flexible and increase payment convenience for account holders; the main points of the amendments are as follows:
1.Increase in the convenience of using a credit card to deposit stored value funds under the precondition of risk control.
2.Simplification of the e-payment account registration and account opening process and documents for government agencies, public schools and public enterprises.
3.With the precondition of the annual transaction limit of NT$360,000 for First Category e-payment accounts, flexible adjustment of the monthly transaction amount of NT$30,000 is allowed.
The loosening of this regulation will make payment simpler and more convenient for account holders and will help promote mobile payment. The FSC will continue to actively promote measures to popularize e-payment with the aim of building an e-payment-friendly environment.