Data show rise of uptake of digital savings accounts
By Kao Shih-ching / Staff reporter
There were 7.28 million digital savings accounts in Taiwan as of the end of March, up 12.7 percent from a quarter earlier, Financial Supervisory Commission data showed on Tuesday.
Taishin International Bank (台新銀行) retained top spot with 2.49 million accounts for its Richart online service, up 5.5 percent from 2.36 million at the end of last year, the data showed.
Cathay United Bank (國泰世華銀行) was second with 1.12 million accounts, up 15.8 percent from a quarter earlier, the data showed.
A person holds a smartphone to allow the Line Pay application to be scanned in an undated photograph. There were 7.28 million digital savings accounts in Taiwan as of the end of March, up 12.7 percent from a quarter earlier, Financial Supervisory Commission data showed on Tuesday.