Taiwan's breakout e-payment service, launched independently on 3 December 2025 after splitting from iPASS: 2.226 million users in under a month, over 3 million by February 2026, and monthly transfers exceeding TWD 7 billion in January 2026.
!Not a bank. LINE Pay Money is a dedicated Taiwan electronic payment service launched on 3 December 2025; 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 (standard for all e-payment institutions); short-term visitors generally cannot open an account.
No mandatory minimum top-up｜In-chat transfers, bill splitting and red envelopes are free during the promotional period; rules follow the app's notices
Per electronic-payment-institution rules 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 (standard for all e-payment institutions); short-term visitors generally cannot open an account.
Local bank account: Usually required — link a Taiwanese bank account or card. 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: Activate inside LINE (Taiwan number + real-name verification) (About 10 minutes). Steps: 1) Find the LINE Pay Money entry inside LINE 2) Verify with a Taiwan number and real-name checks 3) Link a bank account/card 4) Transfer, split bills or send red envelopes in chats 5) Pay online or in store by QR Fees: In-chat transfers, bill splitting and red envelopes are free during the promotional period; rules follow the app's notices
Per electronic-payment-institution rules 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.