Credit card

The number of credit card payments reaches an all-time high

  • By Kao Shih-ching / Staff Reporter

The number of online credit card payments is expected to hit an all-time high this year after posting a high double-digit growth rate in the first six months as more stores offer their products online and accept card payments, the National Credit Card Center (NCCC) said yesterday.

The center’s comment came after its data showed the number of online credit card transactions rose 38.5% a year to 543 million in the January-June period, after rising by 160% year-on-year to 889 million for the whole of last year. .

Online credit card payments refer to transactions made with credit cards on websites, mobile apps, streaming services and other channels, he said.

However, the average amount spent per payment fell to NT$882 in the first half of this year, compared to NT$969 in the same period last year and NT$1,065 for the whole of 2020, the agency said. .

The downward trend in the average amount spent is due to more people using credit cards to pay for orders on food delivery platforms, he said.

In the first half of this year, delivery platform partner restaurants continued to outperform e-commerce platforms, online wholesale stores, on-demand streaming services and online bookstores in spending per online credit card, indicating that the service has grown in popularity with consumers. , it said.

E-commerce platforms, online supermarkets and online wholesalers ranked second, similar to last year, while online convenience stores that allow consumers to pay in advance via mobile apps goods they pick up later in store made the list for the first time, at number three, according to the agency.

“It may come as a surprise that online convenience store services are so popular, given that visiting such stores does not require much effort. But it looks like consumers are embracing these new services,” an NCCC official told the Taipei Times by phone.

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