Regulations Governing Cooperating with or Assisting Foreign Institutions in Engaging in Activities Associated with Electronic Payment Business within the Territory of the Republic of China Article 5

Any institution without approval shall not cooperate with or assist a foreign institution in engaging in activities associated with electronic payment business within the territory of the ROC. This restriction shall not apply to businesses processed by banks under the Banking Act, or by Chunghwa Post Co., Ltd. under the Postal Remittances and Savings Act.