TaiwanMoney Card is a
contactless Smart card
A smart card, chip card, or integrated circuit card (ICC or IC card) is a physical electronic authentication device, used to control access to a resource. It is typically a plastic credit card-sized card with an embedded integrated circuit (IC) c ...
in use in seven cities centred on the southern Taiwanese city of
Kaohsiung
Kaohsiung City (Mandarin Chinese: ; Wade–Giles: ''Kao¹-hsiung²;'' Pinyin: ''Gāoxióng'') is a special municipality located in southern Taiwan. It ranges from the coastal urban center to the rural Yushan Range with an area of . Kaohsi ...
.
It is a combined
credit card
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the o ...
,
electronic purse
Digital currency (digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital cu ...
and public transport payment card being the first such card when it was rolled out by its providers (
MasterCard,
Cathay United Bank
Cathay United Bank () is one of the largest commercial banks in Taiwan, with a capital value of TW$67 billion (approximately US$2.23 billion) and more than 165 branches located throughout Taiwan. It is part of Cathay Financial Holdings.
History
...
and
Acer e-Service) in June 2006.
History
The Kaohsiung City transit authority selected a consortium led by Acer to run the program in 2003, testing began in 2005 before roll out in 2006.
Technology
The technology used is based on the
Mondex
Mondex was a smart card electronic cash system, implemented as a stored-value card and owned by Mastercard.
Pioneered by two bankers from NatWest in 1990, it was spun-off to a separate consortium later on, then sold again to Mastercard.
Mond ...
system.
Network
The TaiwanMoney card is widely accepted including the following:
*Kaohsiung bus Management Service
*Kaohsiung City shipping company
*South East Bus Company (Operating 7 routes under contract to Kaohsiung City Buses)
*Kaohsiung Bus (including Tainan City Buses)
*Kuo-Kuang Motor Transport Company Ltd (Southern Highway Passenger Line)
See also
*
List of smart cards
The following tables list smart cards used for public transport and other electronic purse applications.
File:SingapourMetroCard.jpg, Singapore EZ-Link add value machine
File:SL-Access card.jpg, Access card that is used for public transport in G ...
*
Octopus card
*
OnePulse
OnePulse was the name given to a credit card that was issued by Barclaycard that combined the functionality of Transport for London's Oyster card with a Visa contactless-enabled credit card. Barclaycard OnePulse was launched in early September 2 ...
References
External links
Official website(Chinese)
*http://www.banktech.com/news/showArticle.jhtml?articleID=159904091
*http://www.cardtechnology.com/article.html?id=20060317366M1LIB
*http://www.cardsinternational.com/get.asp?*script=article&ID=24666&search=TaiwanMoney%20Card&site=1
*http://www.multos.com/downloads/marketing/CaseStudy_Taiwan_Money.pdf
*http://echeckcasinos.ca
{{Taiwan rapid transit
Contactless smart cards
Fare collection systems in Taiwan
Credit cards
Kaohsiung