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Taiwan’s largest mobile operator, Chunghwa Telecom, and four banks announced plans today to launch NFC mobile payment, likely starting with Cathay United Bank and a six-month pilot.

Taiwanese banking regulators, as expected, have approved the first bank to issue mobile credit cards that could be downloaded over the air to SIM cards.

Five banks in Taiwan are expected to receive approval from regulators by next month that would allow them to issue mobile credit cards that could be downloaded over the air to SIM cards in NFC phones.

Taiwan’s Fair Trade Commission has approved a joint venture among Taiwan’s five mobile operators and its major contactless payments service provider, EasyCard Corp., to build an NFC payments platform, but with conditions.

Transactions with Visa payWave cards in Taiwan grew by 19% during the third quarter with spending up by 23%, according to Visa’s country office in Taiwan.

Chunghwa Telecom’s NFC wallet trial will test two payment applications and a Chunghwa T

Taiwan’s largest mobile operator, Chunghwa Telecom is expected to announce the launch of an NFC wallet pilot Monday, with plans to test two payment applications stored on NFC SIMs and running in a trio of high-end Android phones.

Three Taiwanese banks are seeking to enable their customers to tap their mobile phones to make purchases with MasterCard PayPass using microSD cards in a full Android NFC phone from HTC, as well as an iPhone attachment with an embedded chip, as part of separate NFC mobile-payment projects.

Taiwan’s five mobile operators and its major contactless payment provider plan to sign a memo of understanding tomorrow with the goal of forming an Isis-style joint venture to help them roll out NFC services, NFC Times has learned.

Five Taiwanese mobile operators and the country’s largest contactless payment provider met Friday for talks to consider forming an alliance or joint venture to help them roll out NFC on the island nation, sources told NFC Times.