TaiwanMoney Card was a
contactless Contactless may refer to:
* Contactless smart card
* Proximity card, a contactless integrated circuit device used for security access or payment systems
* Contactless payment, systems which use RFID for making secure payments
* MasterCard Contactl ...
Smart card
A smart card (SC), chip card, or integrated circuit card (ICC or IC card), is a card used to control access to a resource. It is typically a plastic credit card-sized card with an Embedded system, embedded integrated circuit (IC) chip. Many smart ...
in use in seven cities centred on the southern Taiwanese city of
Kaohsiung
Kaohsiung, officially Kaohsiung City, is a special municipality located in southern Taiwan. It ranges from the coastal urban center to the rural Yushan Range with an area of . Kaohsiung City has a population of approximately 2.73 million p ...
.
It was a combined
credit card,
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 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 was 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 to Mastercard.
Mondex all ...
system.
Network
The TaiwanMoney card was 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
*
Octopus card
The Octopus card ( zh, t=, j=baat3 daat6 tung1, is a reusable Contactless payment, contactless stored value smart card for making Electronic money, electronic payments in online or offline systems in Hong Kong. Launched in September 1997 to ...
*
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 20 ...
References
External links
Official website
*http://www.banktech.com/news/showArticle.jhtml?articleID=159904091
*http://www.multos.com/downloads/marketing/CaseStudy_Taiwan_Money.pdf
{{Taiwan rapid transit
Contactless smart cards
Fare collection systems in Taiwan
Credit cards
Kaohsiung