1.Background and Current Status 
2.Benefits of the Cooperation 
2.1 For LINE Pay 
2.1.1 Expansion of Application Areas and Support Channels 
2.1.2 Time and Cost Saving and Freedom from Direct Supervision of FSC 
2.1.3 Low Barriers to Entry of Electronic Stored Value Cards Help Grow User Base 
2.2 For iPass Corporation 
2.2.1 New Segment Expansion to Increase User Base 
2.2.2 Long-term Loss Situation Likely to be Terminated 
2.2.3 SIM Card Replacement Hassle and Low Maximum Transaction Limite of Electronic Stored Value Cards May be Solved 
2.3 Example of Cooperation between Japanese Kyash, Suica, and LINE 
4.Potential Challenges 
4.1 Initial Impact on Subscriber Base is Limited 
4.2 Uncertainty in Future Solutions 
5.Potential Development in Taiwanese Market 
5.1 Competitors May Suffer Customer Loss and Restricted Development 
5.2 Market Competition May Intensify Due to Copycat Competitors 
6.Conclusion 
Appendix 
Glossary of Terms 
List of Companies 

Line Pay’s Investment in i-Pass Corporation and Its Benefits, Challenges, and Influence on Market

Background of Line Pay's investment in i-Pass, touching on the current status and benefits from the perspective of Line Pay and iPass

Potential challenges following the event

The potential development of the Taiwanese mobile payment market, with the mobile payment ecosystem included

Figure 1 Mobile Payment Ecosystem