Act Governing Issuance of Electronic Stored Value Cards Article 5

(Scope of Business)An issuer may conduct the following businesses after obtaining the approval of the Competent Authority:1. issuing electronic stored value cards;2. Signing up contracted merchants; and3. Other businesses as approved by the Competent Authority.Where any of the businesses mentioned in the preceding paragraph involves foreign exchange, the issuer shall obtain the permission of the Central Bank of the ROC and conduct the business in compliance with the rules and instructions of the Central Bank of the ROC.Unless with the approval of the Competent Authority, an issuer may not change all or part of the businesses mentioned in the preceding paragraph.An issuer may outsource part of its businesses to or issue electronic stored value cards with a third party capable of providing relevant functions.
中文原文 電子票證發行管理條例第5條
發行機構應經主管機關核准後,始得辦理下列業務:
一、發行電子票證。
二、簽訂特約機構。
三、其他經主管機關核准之業務。
前項業務涉及外匯部分,並應經中央銀行許可及依中央銀行規定辦理。
發行機構未經主管機關核准前,不得變更第一項業務之全部或一部。
發行機構得將業務之一部委由具備提供相關功能之第三者辦理或共同發行電子票證。

English translation for reference only; the Chinese text prevails. Not legal advice.