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iPASS Corporation

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Taiwanese stored-value card and electronic payment company operating the iPASS card and the iPASS MONEY mobile payment service.

Last updated September 26, 2026

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Overview

iPASS Corporation (一卡通票證公司) is a Taiwanese electronic stored-value card and electronic payment company. It was approved for establishment by the Financial Supervisory Commission on 6 December 2013 and formally began operations on 13 February 2014 in Qianzhen District, Kaohsiung, taking over the iPASS card business previously run by Kaohsiung Rapid Transit Corporation. It is described as the third electronic stored-value card company approved in Taiwan. Its shareholders include government bodies and enterprises such as the Executive Yuan's National Development Fund, the Kaohsiung City Government, Union Bank, and Kaohsiung Rapid Transit Corporation. In mid-2017 it obtained a license to concurrently operate electronic payment services. The company's core offerings are the iPASS stored-value card and the iPASS MONEY electronic payment service. The iPASS card can be used across Taiwan's public transportation — metro, light rail, buses, intercity coaches, Taiwan Railways, public bicycles, and ferries — as well as at convenience stores, department stores and supermarkets, gas stations, parking lots, for administrative fees, restaurants, medical institutions, and tourist attractions. iPASS MONEY allows transfers between LINE friends, store payments via account balance, online shopping, rides on Kaohsiung Metro and designated bus routes, and payment of everyday bills such as credit card statements, water, electricity, gas, taxes, and cable television fees. Beyond standard cards, iPASS Corporation offers customized corporate stored-value cards and digital student ID cards, integrating electronic stored-value functions with access control and corporate gifting use cases. The company has also expanded into digital ticketing through the iPASS MONEY app, launching a "Good Gift Voucher" (好禮券) section in cooperation with Systex Corporation, offering one-stop browsing, purchase, and redemption of digital vouchers from brands such as Uni-President Group, Starbucks, Yanick, Burger King, KFC, Pizza Hut, and others, with iPASS Green Points rewards. Positioning itself as a provider of convenient cashless payment services, iPASS Corporation aims to become Taiwan's most convenient payment service provider, integrating electronic stored-value and electronic payment across daily consumption, transportation, and bill payment scenarios. Its identity mark uses three figures representing "three people make a crowd" and three hearts representing customers, employees, and the enterprise, in green, blue, and orange color systems symbolizing environmental protection, professionalism, and enthusiasm respectively.

History

iPASS Corporation was approved for establishment by the Financial Supervisory Commission on 6 December 2013 and formally began operations on 13 February 2014 in Qianzhen District, Kaohsiung. It took over the iPASS card business previously operated by Kaohsiung Rapid Transit Corporation and is described as the third electronic stored-value card company approved in Taiwan. Its shareholders include government bodies and enterprises such as the Executive Yuan's National Development Fund, the Kaohsiung City Government, Union Bank, and Kaohsiung Rapid Transit Corporation. In mid-2017, the company obtained a license to concurrently operate electronic payment services. Since its founding, iPASS Corporation has expanded the use of the iPASS card across Taiwan's public transportation and daily life. The card can be used on metro, light rail, buses, intercity coaches, Taiwan Railways, public bicycles, and ferries, as well as at convenience stores, department stores and supermarkets, gas stations, parking lots, for administrative fees, restaurants, medical institutions, and tourist attractions. The company also offers customized corporate stored-value cards and digital student ID cards, integrating electronic stored-value functions with corporate identity and access control. In response to the convergence of payment services toward mobile devices, iPASS Corporation integrated its electronic stored-value and electronic payment businesses through smartphones and mobile technology, entering daily consumption, transportation, and bill payment scenarios. Its iPASS MONEY service allows transfers between LINE friends, store payments via account balance, online shopping, rides on Kaohsiung Metro and designated bus routes, and payment of bills such as credit card statements, water, electricity, gas, taxes, and cable television fees. In September 2026, iPASS Corporation announced a partnership with Systex Corporation to launch the "Good Gift Voucher" (好禮券) section within the iPASS MONEY app, offering one-stop browsing, purchase, and redemption of digital vouchers from brands such as Uni-President Group, Starbucks, Yanick, Burger King, KFC, and Pizza Hut, with discounts of 10% to 30% and a 10% iPASS Green Points reward. The company also reported that iPASS MONEY has more than 7.25 million users. In the same month, it announced a capital increase whose deadline was extended due to shareholder oversubscription, and partnerships with Travel Electric and CYBERBIZ to expand its life payment footprint.

  • Approved for establishment by the Financial Supervisory Commission.

  • Formally began operations in Qianzhen District, Kaohsiung, taking over the iPASS card business from Kaohsiung Rapid Transit Corporation.

  • Obtained a license to concurrently operate electronic payment services.

  • Launched the 'Good Gift Voucher' section in the iPASS MONEY app in partnership with Systex Corporation.

  • Announced that the capital increase deadline was extended due to shareholder oversubscription.

  • Announced partnership with Travel Electric and CYBERBIZ to expand life payment footprint.

Products and positioning

Aims to be Taiwan's most convenient payment service provider, integrating electronic stored-value and electronic payment across daily consumption, transportation, and bill payment.

  • iPASS stored-value card

    A stored-value card usable across Taiwan's public transportation and daily life venues.

  • iPASS MONEY

    An electronic payment service allowing transfers between LINE friends, store payments, online shopping, transit rides, and bill payments.

  • Corporate customized stored-value card

    Custom-designed stored-value cards for corporate identity, gifting, and access control.

  • Digital student ID card

    Student identification integrated with electronic stored-value functions.

  • Good Gift Voucher

    A digital voucher section in the iPASS MONEY app offering one-stop browsing, purchase, and redemption of brand vouchers.

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