| Title | Universal Technical Specifications Research of Electronic Payment Systems and Universal Traffic Cards Promotion (Phase II) |
| Dept | Transportation Operations and Management Division |
| Year | 2009 |
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| Summary | Electronic payment systems (EPS) in Taiwan have been developing very fast. Due to a limited scale of the domestic market, however, EPS companies face the difficulties of system maintenance, expansion, and integration. To assure EPS companies with enough transaction volume and to cut the cost of purchase and maintenance, this project, based on the research results of two Ministry of Transportation and Communications (MOTC) projects- “The Planning Guide for EPS Multi-functional Cards, V2” and “EPS Clearing & Settlement Core Module”, developed the interoperable standards for EPS. This project developed the V3 (draft) of “The Planning Guide for EPS Multi-functional Cards” and proposed a validation mechanism based on this specification. A static data validation system was developed. We also studied issues regarding the integration for backend systems and other related issues. The benefit of this project included upgrading the technology of the EPS industry and introducing the latest EPS technology in foreign countries which is helpful for Taiwan’s EPS industry. The result also can give the suggestions for the need of government’s policy decisions. |
| Post date | 2009/12/17 |
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