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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 ....
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 ....