Users of various mobile payment apps in Taiwan in 2020, with forecasts to 2025
the most used mobile wallets in Taiwan, including the likes of Apple Pay and Google Pay, are from abroad. JKoPay is the main exception, being both a homegrown app as well as pure play in that is not part of a bigger ecosystem. LINE Pay, on the other hand, derives from Japan's popular messaging service and functions within an "app-inside-a-bigger-app" setting. JKoPay does not do this, instead creating QR codes for in-store mobile transactions.
Taiwan's most popular mobile wallet comes from Japan, and its user base is expected to grow by around 30 percent between 2020 and 2025. Indeed, several of