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Taiwan carrier delays its mobile payment plans

Taiwanese Chunghwa Telecom Co. has said it won't be launching the QR-code based mobile payment system it promised back in April. The carrier announced the mobile payment program would launch this summer, but Focus Taiwan is reporting the launch date will now be during the third quarter.

"We are still testing and preparing for the service," said Lin Kuo-feng, Chungwa's mobile business group president, to Focus Taiwan. "We believe it will be launched soon."

However, the report said the NFC-based mobile payment service that Chungwa has been working on will not be delayed and will enter a pilot phase later this year.

Read more about NFC/Contactless payments.