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All Win launches e-wallet service with FamilyMart

All Win Co Ltd (全盈支付) yesterday launched its electronic payment service, the first managed by a convenience store chain in Taiwan. Taiwan FamilyMart Co (全家便利商店), the nation’s second-largest convenience store chain with 4,000 stores nationwide, is a major shareholder of All Win. The new e-payment firm expects to attract at least 1.5 million users by the end of the year, All Win president Liu Mei-lin (劉美玲) said at a news conference in Taipei. The service awards users one reward point for each dollar spent at FamilyMart stores, Liu said. Users can redeem the points at FamilyMart stores or its distribution partners, such as Watson’s

Siam Piwat partners with Taiwan s largest e-commerce platform

Siam Piwat Retail Holding Company Limited, a retail innovator under Siam Piwat group, in its mission to present the best of Thailand alongside the best of the world, spreads its wings and continuously makes a foray into international markets with a robust high-spending customer base, with a goal to achieve over 100% growth in 2022. To kick off 2022 and launch its new endeavour, Siam Piwat has entered into an agreement with Taiwan’s largest e-commerce group, PChome, to debut three Thai SME brands on its e-commerce platform in order to expand its overseas presence in the forms of franchise, e-commerce, and dealership while building international recognition for Thai brands.

Siam Piwat partners with PChome, Taiwan s largest e-commerce platform, to bolster a high-spending customer base, eyeing growth of over 100% in 2022

Siam Piwat partners with PChome, Taiwan s largest e-commerce platform, to bolster a high-spending customer base, eyeing growth of over 100% in 2022
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Commission grants payment start-up All Win license

The Financial Supervisory Commission yesterday granted an operating license to All Win Co (全盈支付金融科技), an electronic payment start-up owned by Taiwan FamilyMart Co (全家便利商店), E.Sun Commercial Bank (玉山銀行) and PChome Online Inc (網路家庭). The start-up must commence operations within six months of obtaining the license, Banking Bureau Chief Secretary Phil Tong (童政彰) told a news conference. All Win is 67 percent-owned by FamilyMart, with E.Sun Bank owning 18 percent and Pi Mobile Technology Inc (拍付國際), an affiliate of PChome Online, holding a 15 percent stake, the commission said. FamilyMart president Hsueh Dong-du (薛東都) is to serve as chairman of All Win, and E.Sun

Standard Chartered teams up with PChome on loans

Standard Chartered Bank (Taiwan) Ltd (渣打國際商業銀行) yesterday announced that it has partnered with PChome Online Inc (網路家庭) to offer loans to the e-commerce platform’s about 10,000 suppliers to meet their financial needs. The collaboration came as a surprise in light of PChome’s cooperation with Citibank Taiwan Ltd (花旗台灣) and E.Sun Commercial Bank (玉山銀行) in issuing co-branded credit cards. Standard Chartered said that it is not planning to launch a credit card with PChome, as the local credit card market is already intensely competitive, but would rather focus on lending to e-commerce retailers. E-commerce retailers are usually overlooked, as banks prefer their brick-and-mortar counterparts,

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