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Line Pay Taiwan Forms Cross-Border Payments Alliance

By Mei Ling Tan
1 min read
Line Pay Taiwan Forms Cross-Border Payments Alliance
Line Pay Taiwan Forms Cross-Border Payments Alliance

The digital wallet and fintech service for messaging app Line will allow people from Japan, Korea and Thailand to use their local mobile payment services when in Taiwan.

Line Pay has announced a cross-border mobile payment alliance to connect the ecosystems of payment operators Line Pay Japan, Rabbit Line Pay (Thailand), Naver Financial (Korea), and NHN PAYCO (Korea), the firm announced in a statement on Monday.

This will allow users of services in the alliance to make cross-border payment services in the partnering services’ countries. Operations are planned to be launched by the first quarter of 2020, and Line said it plans to grow the number of partners in the future so users from more countries can benefit from the alliance

We hope to build a path for all LINE Pay users and merchant partners in Taiwan to transcend national borders and to share a borderless payment experience, Line Pay Taiwan chairman WoongJu Jeong said in the statement.

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