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Are you planning to visit Taiwan soon? Here’s a quick rundown of the currency and payment options available while you’re there so that you’ll be prepared in advance.
Currency in Taiwan
The official currency in Taiwan is the New Taiwan dollar. The currency code for the New Taiwan dollar is TWD, and its symbol is NT$. The most commonly used denominations of banknotes are NT$100, NT500, and NT1000.
Payment Options When Traveling to Taiwan
When you travel to Taiwan, you need to settle your accommodation and food expenses. You also need to pay for your transportation expenses, as well as any souvenirs you might want to bring back home. The following are the most common payment options available in Taiwan:
- Cash: Cash remains the most common payment method in Taiwan. You can use cash to pay for your accommodation and food expenses, as well as any other services that don’t accept credit cards.
- Credit cards: Major credit cards such as Visa and MasterCard are accepted in most stores and restaurants in Taiwan. However, it’s still best to check beforehand just to make sure that your card is accepted by merchants in the area you plan to visit.
- Electronic payments: You can use your smartphone to make payments. Mobile payment systems are popular in Taiwan and you’ll find many merchants that accept Apple Pay, Google Pay, and other forms of electronic payment.
Buy an RFID-Blocking Wallet for Taiwan Travel
RFID-blocking wallets can help prevent your credit card information from being stolen when you’re out and about.
RFID stands for Radio Frequency Identification. An RFID-blocking wallet prevents identity theft by blocking radio waves.
There are many types of RFID-blocking wallets on Amazon, so it’s easy to find one that will fit your style and budget.
If you’re not sure what kind of RFID wallet is best for you, we recommend the FurArt Credit Card Wallet. This wallet features 13 card slots, 2 cash pockets, and an RFID blocking lining — a great gift for the man or woman on the go!