Currency is used by everyone, but nowadays, with the popularity of mobile payment, many people have not gone to the silver to withdraw RMB for a whole year. In 2022, the Payment and Clearing Association of China announced that China's online payment users reached 904 million, accounting for 87.6% of the total number of Internet users.
And what about Taiwan?
The name of the currency of Taiwan Province of China is the New Taiwan dollar, abbreviation: TWD. It comes in denominations of 100 yuan, 200 yuan, 500 yuan, 1000 yuan and 2000 yuan.
Coin denominations: 5 jiao, 1 yuan, 5 yuan, 10 yuan, 20 yuan, 50 yuan
Issuer: "Central Bank" of Taiwan, China.
Among them, it is interesting that the circulation rate of NT$200 and NT$2000 is very low, which can be called the "hidden version of Taiwan's dollar". When you are lucky enough to get 200 yuan or 2,000 New Taiwan dollars, pay attention, because some stores will refuse to accept Oh, the reason they give is: the circulation rate is too low, will not distinguish whether it is counterfeit, or 2000 yuan is difficult to find change and so on.
Yibaiyuan (Sun Wen, Zhongshan Tang, Boai, Daozhi Xingye) was issued in 1998.
Issued in 2000 by Chiang Kai-shek "Presidential Palace", Agriculture, Monument Square in Freedom Square.
Wu Baiyuan (Sika Deer, Big Bully Mountain, Junior Baseball Team, Sports) issued in 2003.
Yi Qianyuan (玉山, emperor pheasant; Education) was issued in 2002.
Yi Qianyuan (玉山, emperor pheasant; Education) was issued in 2002.
Round (Dish antenna, cherry blossom hooknose salmon and Nanhu Oyama. 2000 issued.
It is reported that the penetration rate of mobile payment in Chinese mainland has reached more than 86%, ranking first in the world. At present, more than 4,000 commercial banks and 187 non-bank payment institutions in China have effectively met the payment and settlement needs of about 160 million business entities and hundreds of millions of consumers.
Among them, the main ones are Alipay, WeChat Pay, and Cloud QuickPass.
Data on mobile payments in China
As of March 2023, the FSC has counted about 23.32 million people using electronic payments in Taiwan, and common mobile payments include: LINE Pay, Street Pay, Youyou Pay, Apple Pay, Taiwan Pay, etc. Electronic payment includes 7-11 Open Wallet, Family Whole Profit + Pay, All Union PX Pay, Full Payment...
It turns out that payment in Taiwan Province cannot be directly with WeChat and Alipay.
Mobile electronic payment method in Taiwan