Starting from March, MRT card holders can expect to see more functions incorporated into their IC-chip embedded EasyCards, which will enable users to pay taxi fares and parking fees in Taipei City.
With nearly 5 million cards in circulation, EasyCard allows users to pay for service on bus lines, mass rapid transit trains and public parking lots in the capital, simply by touching the card to a sensing device.
The card, which was first launched in June 2002, retails for a minimum of NT$500, including a deposit of NT$100. Users can add value to the card at MRT stations or convenience stores.
Taxi Fares
To expand the card's applications, Taipei Smart Card Corp (台北智慧卡票證公司), the official distributor of the card has teamed up with the Ministry of Transportation and Communications and Taipei's Parking Management Office (停管處) to extend EasyCard payment services to taxis and parking meters.
In the first stage, Taipei Smart Card has inked a deal to cooperate with Taiwan Taxi Co (台灣大車隊公司), a Taipei-based taxi service group that uses global positioning system (GPS) technology, to conduct a six-month trial in 300 taxi cabs, or 23 percent of its fleet.
The company will decide later whether the service should be expanded to other taxi service providers.
Taiwan Taxi Co welcomed the new service, saying it would help both cabbies and passengers save time and troubles, such as worries about fake bills or a lack of change.
"After the trial period starts in March, we expect that the number of phone calls [requesting cab service] we receive will jump by 20 to 30 percent from the current 10,000 calls a day," said Vincent Wu (
The company previously worked with Mondex Taiwan Inc, a subsidiary of MasterCard International, to provide a similar cash-free payment system between October 2002 and early last year, when it was halted as the company was facing financial difficulties.
Wu said based on the wide circulation of EasyCard and fast procedure for transactions, the service will become more prevalent compared with the Mondex cards, which must be issued by banks and require around five seconds for the specially-designed card reader to process the transaction.
Parking Sensors
As for expanding EasyCard to the capital's roadside parking meters, the Parking Management Office said 20 toll collection sensors will be installed along Dunhua South Road for three months starting on March 1.
Another 2,000 sensors will be placed by the year-end to better integrate various modes of transportation for EasyCard holders.
NEW IDENTITY: Known for its software, India has expanded into hardware, with its semiconductor industry growing from US$38bn in 2023 to US$45bn to US$50bn India on Saturday inaugurated its first semiconductor assembly and test facility, a milestone in the government’s push to reduce dependence on foreign chipmakers and stake a claim in a sector dominated by China. Indian Prime Minister Narendra Modi opened US firm Micron Technology Inc’s semiconductor assembly, test and packaging unit in his home state of Gujarat, hailing the “dawn of a new era” for India’s technology ambitions. “When young Indians look back in the future, they will see this decade as the turning point in our tech future,” Modi told the event, which was broadcast on his YouTube channel. The plant would convert
Nanya Technology Corp (南亞科技) yesterday said the DRAM supply crunch could extend through 2028, as the artificial intelligence (AI) boom has led the world’s major memory makers to dramatically reduce production of standard DRAM and allocate a significant portion of their capacity for high-bandwidth memory (HBM) chips. The most severe supply constraints would stretch to the first half of next year due to “very limited” increases in new DRAM capacity worldwide, Nanya Technology president Lee Pei-ing (李培瑛) told a news briefing. The company plans to increase monthly 12-inch wafer capacity to 20,000 in the first half of 2028 after a
Property transactions in the nation’s six special municipalities plunged last month, as a lengthy Lunar New Year holiday combined with ongoing credit tightening dampened housing market activity, data compiled by local land administration offices released on Monday showed. The six cities recorded a total of 10,480 property transfers last month, down 42.5 percent from January and marking the second-lowest monthly level on record, the data showed. “The sharp drop largely reflected seasonal factors and tighter credit conditions,” Evertrust Rehouse Co (永慶房屋) deputy research manager Chen Chin-ping (陳金萍) said. The nine-day Lunar New Year holiday fell in February this year, reducing
New vehicle sales in Taiwan plunged about 37 percent sequentially last month as the long Lunar New Year holiday and 228 Peace Memorial Day holiday cut short the number of working days, along with the lingering uncertainty over import tax cuts on US vehicles, market researcher U-Car said in a report yesterday. New car sales last month totaled 22,043, slumping from 35,073 units in January and down 19.89 percent from 37,515 in February last year, U-Car data showed. Sales of imported luxury cars, led by Mercedes-Benz, plummeted about 45 percent to 3,109 units last month from 5,663 units in the previous month,