Taiwan Financial Services Commission publishes January 2025 card and electronic payment statistics with credit card retail sales at TWD 338.6bn

Taiwan Financial Services Commission published operating statistics as of January 2025 for Taiwan’s credit card, cash card and electronic payment sectors. The data show lower credit card retail spending and slightly improved delinquency ratios compared with end-December 2024, while electronic payment account usage and stored-value balances increased. Credit card activity covered 32 issuing institutions, with 58.65 million effective cards and 39.07 million active cards. Revolving credit balances fell to TWD 113.6 billion from TWD 116.3 billion and the undue balance of installment declined to about TWD 184.8 billion from TWD 189.5 billion, while monthly retail sales dropped to about TWD 338.6 billion from TWD 420.2 billion; monthly write-offs were about TWD 0.65 billion and the average delinquency ratio (past due over three months) was 0.28%. Cash card business involved 13 institutions, with 0.29 million effective cards, total loan balances of TWD 10.4 billion, monthly write-offs of about TWD 28 million and an overall delinquency ratio of 1.054%. For electronic payments, there were nine specialized electronic payment institutions and 20 dual-status institutions; stored value cards totalled 189.75 million effective cards with TWD 15.26 billion in stored value, and electronic payment accounts had 31.01 million users with TWD 21.03 billion held in account balances, alongside monthly stored value funds of TWD 33.99 billion.