Taiwan Financial Services Commission reports higher May card spending and e-payment activity

The Taiwan Financial Services Commission published May 2026 business data for Taiwan's credit card, cash card and electronic payment markets, showing continued growth in payment activity alongside stable to improving asset quality indicators. Credit card retail sales and electronic payment usage increased from April, while revolving credit balances, installment balances and write-offs declined and the average credit card delinquency ratio held steady. In credit cards, 32 issuers were operating, with 59.71 million effective cards and 40.13 million active cards. Monthly retail sales rose to about NT$420.2 billion from NT$415.9 billion in April, while revolving credit fell to NT$115.4 billion from NT$116.5 billion, undue installment balances dropped to about NT$162 billion from NT$165.7 billion, and monthly write-offs eased to about NT$0.54 billion from NT$0.56 billion. The average delinquency ratio remained 0.23%. In cash cards, 13 institutions were active, with effective cards and loan balances unchanged at 0.27 million and NT$9.5 billion, monthly write-offs stable at about NT$20 million, and the delinquency ratio improving to 0.895% from 0.912%. In electronic payments, Taiwan had 10 specialized electronic payment institutions and 19 institutions concurrently conducting the business. Stored value cards rose to 203.06 million effective cards, with 13.79 million cards in use, monthly retail sales of about NT$6.6 billion and stored value balances of NT$15.99 billion. Electronic payment accounts reached 40.77 million users, while monthly transaction flows increased across agency collections and payments for actual transactions to NT$31.87 billion, small-amount remittances to NT$17.12 billion and stored value funds to NT$31.71 billion, with account balances rising to NT$21.1 billion.