Most popular in-store, or POS, payment methods in Taiwan 2017-2022
the CAGR of mobile payments in Taiwan between 2020 and 2025 is said to not be as high of that of other areas in Asia.
Credit cards reinforced their position as Taiwan's most used POS payment method, as the share of cash continued to decline. The dominance of credit cards is best displayed when comparing the market share against that of debit cards: Credit cards made up nearly half of all money spent in physical stores, as opposed to three percent for debit cards. The market share of wallets also grew in this timeframe, and is projected to increase further - although