Taiwan's largest e-payment service by users (about 7.13 million per the FSC's November 2025 data), operating independently since splitting from LINE Pay, with the iPASS transit ecosystem (MRT/bus/TRA) interoperable nationwide.
!Not a bank. iPASS MONEY is a dedicated electronic payment institution approved by Taiwan's FSC; stored value must be fully placed in bank trust. Wallet balances are not bank deposits and are not covered by the Central Deposit Insurance Corporation.
Yes, with Taiwanese requirements. A Taiwan phone number plus ARC/national-ID verification is required; short-term visitors generally cannot complete verification. The physical iPASS transit card itself can be bought and topped up at convenience stores by anyone.
No minimum; starting with TWD 100-500 is recommended｜Basic payments are free; rules follow the app's notices
Per regulations and verification level, as published in the app. Balances are not deposit-insured.
Yes, with Taiwanese requirements. A Taiwan phone number plus ARC/national-ID verification is required; short-term visitors generally cannot complete verification. The physical iPASS transit card itself can be bought and topped up at convenience stores by anyone.
Local bank account: Usually required — link a Taiwanese bank account or card for top-ups. Items typically needed: A Taiwan phone number; ARC or national ID; A Taiwanese bank account or Taiwan-issued card.
Typically: A Taiwan phone number; ARC or national ID; A Taiwanese bank account or Taiwan-issued card.
How to sign up: Register in the app (Taiwan number + real-name verification) (About 10 minutes). Steps: 1) Download iPASS MONEY 2) Register with a Taiwan number 3) Complete real-name verification 4) Link an account/card 5) Top up, then pay or transfer Fees: Basic payments are free; rules follow the app's notices
Per regulations and verification level, as published in the app. Balances are not deposit-insured.
E-wallet rules change often — always follow the latest instructions in the official app.