⮪ GuidesUpdated 2/19/2025 - 5 min read

Payment Methods in Taiwan

Taiwan offers a diverse and advanced payment ecosystem, blending traditional cash transactions with cutting-edge digital payment technologies.

EasyCard (悠遊卡, Yōu Yóu Kǎ)

The most versatile payment method in Taiwan, EasyCard is a contactless smart card used for multiple purposes beyond transportation.

Where to Use

EasyCard has become an incredibly flexible payment tool in Taiwan. You can use it not just for public transportation like metros, buses, and trains, but also at convenience stores such as 7-Eleven and Family Mart. It works seamlessly with vending machines, many restaurants, retail stores, and even parking meters, making it an essential companion for anyone spending time in Taiwan.

How to Obtain

Getting an EasyCard is surprisingly easy. You can purchase these cards at metro stations, convenience stores, and airports. The minimum initial load is typically NT$100, and you can top up your card at multiple locations throughout the country. For travelers and locals alike, it's a simple and convenient payment solution.

Tip: Keep your EasyCard balance above NT$20 for smooth transactions.

Key Phrases

Cash (現金, Xiàn Jīn)

Despite digital advancements, cash remains an important payment method in many small businesses and traditional markets across Taiwan.

Important Notes

The official currency is the New Taiwan Dollar (NT$), which comes in several denominations. You'll find bill denominations of NT$100, NT$200, NT$500, and NT$1000, along with coins in NT$1, NT$5, NT$10, and NT$50 values. While digital payments are increasingly common, smaller shops and street vendors still strongly prefer cash transactions.

Currency Exchange

Exchanging money in Taiwan is relatively straightforward. Banks offer the most competitive exchange rates, and you'll find currency exchange services at major airports and some hotels. When exchanging money, it's best to bring crisp, undamaged bills to ensure the most favorable rates.

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Credit and Debit Cards

International credit cards are widely accepted in larger establishments, though their use is not universal across all of Taiwan.

Acceptance

Credit and debit cards find widespread acceptance in major establishments such as hotels, department stores, high-end restaurants, and large retail chains. However, travelers should be prepared for limited card acceptance in smaller businesses and traditional venues.

When traveling to Taiwan, Visa and Mastercard are widely accepted. UnionPay is particularly popular, especially among Chinese tourists and local banks. American Express, while present, has more limited acceptance compared to other card networks.

Tip: Inform your bank about travel to prevent card blockage.

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Mobile Payment

Digital wallets and mobile payment systems are rapidly growing in Taiwan, offering convenient alternatives to traditional payment methods.

Mobile payment in Taiwan is dominated by several key platforms. Line Pay has gained significant popularity, alongside international options like Apple Pay and Google Pay. JKO Pay (街口支付) is another local mobile payment solution that has seen widespread adoption.

How to Use

Setting up mobile payments requires a few key steps. Most platforms allow you to link your international credit card, but you'll need to verify international transaction settings. Some platforms might require a local phone number, so it's essential to check compatibility with your bank before traveling.

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Practical Tips

Navigating payment methods in Taiwan requires flexibility and preparation. Always carry multiple payment methods, as some places have cash-only policies or minimum purchase requirements for card payments. Convenience stores are particularly useful, offering multiple services including bill payment and ticket purchases.

Emergency Contacts