Taiwan’s First-Quarter Card Spending Tops NT$1.25 Trillion as E-Payment Users Near 40 Million

Credit cards and electronic payments have become important tools for everyday spending in Taiwan. The Financial Supervisory Commission regularly publishes data on credit-card transactions at domestic banks and cashless payments, offering a gauge of domestic demand and changes in the payments market. As mobile payments become more widespread, competition among credit-card issuers and electronic-payment providers over rewards, merchant coverage and services has also continued to expand transaction volumes.

FSC data showed credit-card spending at domestic banks reached NT$420.2 billion in May, the highest level ever recorded for the month. Spending in the first five months of the year surpassed NT$2 trillion, also setting a record for the period. Mother’s Day and long weekends in May boosted spending on dining, shopping and travel, while electronic-payment user numbers and transaction values continued to grow.

Credit cards and electronic payments have become important tools for everyday spending in Taiwan, as well as key gauges of domestic demand and the shift toward cashless transactions. The Financial Supervisory Commission tracks card spending and changes in electronic payment accounts, while the market’s expansion is prompting providers to strengthen their services and broaden payment use cases.

FSC data showed domestic credit card spending reached NT$428.1 billion in January 2026, up 26.43% from the same month in 2025 and the highest January total on record. Electronic payment user numbers also continued to rise, with LINE Pay Money adding nearly 760,000 users during the month and helping sustain market growth and competition.