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[HappyCash] McDonald's starts accepting four major e-payment cards

Post Date 2019.04.02From:Focus Taiwan By Wu Hsin-yun and Frances Huang

Taipei, April 2 (CNA) McDonald's announced Tuesday that from that day most of its fast food outlets in Taiwan will start accepting purchases using four major electronic payment cards -- EasyCard, iPass, iCash and HappyCash.

McDonald's said it has worked with EasyCard Corp., which currently manages an integrated payment system for holders of the four e-payment cards to use in certain venues such as Taipei Metro, Kaohsiung Metro and on buses in counties and cities around Taiwan, to ensure the cards can be used at its restaurants.

EasyCard belongs to EasyCard Corp., which was initially used exclusively on the Taipei Metro; iPass is issued by iPass Corp., which was originally used on the Kaohsiung Metro; iCash is sold by iCash Corp. run by President Chain Store Corp., which owns the 7-Eleven convenience store chain; HappyCash is issued by Yuan Hsin Digital Payment Co. under the retail operations of conglomerate Far Eastern Group.

In addition to the four e-payment cards, McDonald's said, credit cards issued by banks in cooperation with the four e-payment card systems will also be accepted at its fast food restaurants.

Such cooperation, McDonald's said, is expected to make life easier for customers by eliminating the need for change.

According to data compiled by the Financial Supervisory Commission (FSC), the top financial regulator in Taiwan, EasyCard and iPass are two of the most widely used e-payment cards by consumers paying for transportation or daily necessities in Taiwan.

For example, everyone in Taiwan has an average of 2.7 EasyCards, the FSC data shows.

However, McDonald's said door to door deliveries cannot be paid for using the four e-payment cards, while some outlets, such as those in select food courts run by department stores, will not accept e-payment cards.

McDonald's said the maximum payment per purchase using an e-payment card in its restaurants is NT$1,000 (US$32.47).

Meanwhile, EasyCard Corp. said that to celebrate the new venture with McDonald's, from April 17-June 4, EasyCard holders can claim a free large sized French fries on producing a receipt for a previous purchase of the same item at any McDonald's outlet.

According to McDonald's, out of its 397 outlets island wide, 47 restaurants in airports, department stores or shopping mall food courts will not accept e-payment cards.