Jkopay

What Jkopay does

Jkopay (街口電子支付股份有限公司, JKOPAY) is a Taiwan-based, FSC-licensed electronic payment institution founded in 2017 and headquartered in Taipei. Its core product is a mobile payment app that enables QR-code-based payments (both consumer-presented and merchant-scanned), peer-to-peer fund transfers, bank account top-ups and withdrawals, utility and parking bill payments, and integration with Taiwan's Ministry of Finance e-invoice platform. The platform also offers a JKO Coin loyalty currency, digital coupons, an in-app taxi-hailing service, and Edenred-branded digital vouchers, positioning the app as a multi-service daily payment hub for Taiwanese consumers.

On the merchant side, Jkopay operates a merchant portal with QR-code acceptance at a 2.5% transaction fee, plus a Merchant Loan (店家貸) product distributed in partnership with KGI Bank. The company is a participant in the TWQR unified QR code standard, which allows its users to pay at any TWQR-accepting merchant across competing e-wallets, and it has secured acceptance at major retail chains including FamilyMart and McDonald's Taiwan. Revenue is generated primarily through merchant transaction fees, with secondary income from interchange/processing fees and FX margins on cross-border payments. Cross-border growth is anchored by an integration with Japan's PayPay platform (with Taishin Bank handling FX conversion) and a partnership with Shopee Taiwan for cross-border e-commerce identity verification and payment processing.

Strategically, Jkopay is a sub-scale challenger in Taiwan's mobile payment market, ranking behind LINE Pay Taiwan (which processed NT$756 billion / ~US$25 billion in 2024) in a market that has already exceeded 80% penetration. The company operates as a subsidiary of Jko Financial Technology (街口金融科技), with separate governance and 100% trust protection on stored-value funds. Go-to-market combines product-led growth (app-store onboarding, self-serve identity verification) with channel partnerships (retail chains, banks, Shopee, PayPay). No external funding rounds are disclosed, and the parent company has faced legal scrutiny, which is a notable governance overhang for an otherwise regulated, full-featured domestic e-wallet.

Name

Jkopay

Legal name

街口電子支付股份有限公司

Website

https://jkos.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Jkopay is a Taiwan-based, FSC-licensed electronic payment institution that operates a mobile QR-code payment app serving individual consumers and small/medium merchants with domestic payments, bill services, and cross-border acceptance in Japan via PayPay.

Ownership category

akta.pro rank

Product category

Mobile Payments

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

akta.pro primary industry

Digital Payments & Money Movement (ACH/SEPA/FPS, Bill Pay, P2P) (FSAGAAAF)

akta.pro secondary industry

A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)

Keywords

• Mobile payments
• Electronic payments
• QR code payments
• Digital wallet
• Payment processing

Headquarters

HQ city

Taipei

HQ country

Taiwan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Merchant Transaction Fees: Charges merchants 2.5% transaction fee rate for QR code payments processed through the platform, applicable to both physical stores and online platforms. Additional NT$10 per-transaction settlement fee deducted during merchant payout.
2. Cross-Border Transaction Fees: Generates revenue from foreign exchange spread on cross-border payments, particularly Japanese PayPay transactions where exchange rate margins are applied to JPY/TWD conversions
3. Interchange and Payment Processing: Revenue from processing credit card and bank account transactions, including fees associated with card top-up payments and payment routing

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Jkopay (街口支付) operates a mobile electronic payment platform that enables QR code-based consumer payments, P2P fund transfers, stored value accounts linked to bank accounts, deposits/withdrawals, and bill payments across Taiwan. The platform serves individual consumers (free app for personal daily payments) with a complementary merchant acquiring business through a dedicated merchant portal and a 2.5% standardized transaction fee, extended by a Merchant Loan product and cross-border payment acceptance at PayPay merchants in Japan.

Product overview

JKOPAY (街口支付) operates as a mobile electronic payment platform offering a comprehensive suite of financial services through its app. The core product consists of the JKOPAY mobile payment app, which provides QR code-based payments (both scanning merchant codes and presenting user payment codes), fund transfers, deposits/withdrawals, and bill payments. The platform is structured as an integrated ecosystem combining the core payment infrastructure with multiple add-on modules including JKO Coin loyalty rewards, JKOPAY Coupons for discounts, Instant Vouchers via Edenred partnership, taxi-hailing services, and e-invoice integration with Taiwan's government platform. For merchants, JKOPAY offers a dedicated merchant portal for QR code-based collection and the Merchant Loan (店家貸) product in partnership with KGI Bank. The platform also supports cross-border payments through PayPay in Japan and Taiwan's unified TWQR standard for domestic cross-institution payments. Users interact with the system through linked bank accounts, bound credit cards, or JKOPAY account balance.

Differentiator

Problem solved

Functional benefit

Brands

• JKO Coin (街口幣): A loyalty rewards currency within the Jkopay app where 1 JKO Coin equals NT$1, usable for cashback and discounts on transactions.

Products and services

• JKOPAY (街口支付) Mobile Payment App A mobile electronic payment app for individual consumers in Taiwan enabling QR code-based payments (both scanning merchant codes and presenting user payment codes), fund transfers to other JKOPAY users, deposit and withdrawal from linked bank accounts, bill payment, electronic invoice collection with the Taiwan Ministry of Finance platform, auto top-up, JKO Coin loyalty cashback, taxi-hailing, and digital voucher storage.
• JKOPAY Merchant Portal (店家專區) A dedicated business platform for merchants to receive in-store and online QR code payments via TWQR-compliant codes, access a transaction management dashboard, view customer analytics, run JKO Coin marketing campaigns, and apply for the Merchant Loan product. Charges a standardized 2.5% per-transaction fee for both physical and online stores.
• Merchant Loan (店家貸) A business loan product for JKOPAY merchant partners, provided in collaboration with KGI Bank using shared merchant transaction and profile data for underwriting. Targeted at SMEs acquiring payments through JKOPAY who need working capital financing.

Quantifiable outcome

• 80%+ mobile payment penetration in Taiwan market achieved by 2023
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability1 record

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• 街口金融科技股份有限公司 (JKO FinTech)coreOthers · 10 July 2025Parent company relationship; JKO FinTech holds民事案件 resulting in court seizure, though JKOPAY operates as independent subsidiary with separate governance. JKOPAY stated that parent company's legal matters do not affect its operations, user assets, or merchant partnerships.
• 台新國際商業銀行 (Taishin Bank)coreTechnology or Integration · 29 March 2024Data sharing partnership for Richart loan product marketing; JKOPAY shares customer ID numbers with Taishin Bank for targeted financial product promotions. Also provides exchange rate reference for PayPay cross-border transactions.
• FamilyMart (全家便利商店)coreChannel Partner/ Reseller/ DistributorMajor convenience store chain accepting JKOPAY QR code payments at all Taiwan store locations. JKOPAY coordinates periodic system maintenance with FamilyMart for payment service windows.
• McDonald's Taiwan (麥當勞)coreChannel Partner/ Reseller/ DistributorFast food chain accepting JKOPAY QR code payments at Taiwan restaurant locations with coordinated maintenance windows.
• PayPay Corporation (Japan)coreTechnology or IntegrationCross-border payment integration enabling JKOPAY users to pay at Japan PayPay merchants by scanning QR codes. Transactions are processed in JPY and automatically converted to TWD using Taishin Bank exchange rates.
• Taiwan Electronic Payment AssociationminorOthersTWQR (台灣 Pay QR Code) standard initiative enabling interoperability between different Taiwan e-payment platforms, allowing users to pay across multiple e-wallet services with a single QR code.
• Shopee Taiwan (蝦皮購物)coreTechnology or IntegrationCross-border e-commerce payment partnership where JKOPAY provides identity verification and payment processing for Shopee users purchasing cross-border goods, with accounts auto-created upon first purchase requiring real-name verification per regulations.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• LINE Pay Taiwan: Taiwan's leading QR-based mobile payment wallet. Directly competes with JKOPAY for both consumers and merchants in Taiwan, with substantially larger transaction volume (NT$756B in 2024) and broader brand recognition through LINE messenger distribution.
• iPASS Money (一卡通MONEY): Taiwan electronic payment platform originating from transit cards. Directly competes with JKOPAY in QR payments, transfers, and merchant acquiring, and is explicitly grouped with JKOPAY in market share commentary.
• PX Pay Plus (全盈+PAY): PX Mart's mobile payment wallet. Directly competes with JKOPAY for consumer QR payments and small merchant acceptance in Taiwan, and is the third wallet explicitly named in JKOPAY's competitive set.
• PayPay Corporation: Japan's dominant QR payment platform. JKOPAY's cross-border integration partner for Japan merchant acceptance; comparable as a QR-based consumer payment wallet serving similar use cases in the adjacent Japanese market.
• EasyCard Corporation (悠遊卡): Taiwan transit-based stored value and payment operator expanding into broader QR payments. Overlaps with JKOPAY in consumer payment acceptance and small-merchant acquiring in Taiwan.
• 街口 (Taiwan): JKOPAY's parent/affiliate branding layer — included for completeness. Not a separately distinct peer entity in market; treated as a self-reference and listed to acknowledge the group structure rather than as an independent competitor.

Broad incumbents

• Apple Pay: Global tokenized wallet from Apple. Operates broadly in Taiwan through bank partnerships; offers overlapping QR/tap-to-pay capability but as part of a much wider global product portfolio rather than specializing in the Taiwan e-wallet niche.
• Google Pay: Google's global wallet available in Taiwan via partner banks. Comparable as a consumer payment platform but operates as part of a broader payments and Android ecosystem rather than a dedicated Taiwan-only wallet.
• Samsung Pay: Samsung's mobile wallet available in Taiwan. Overlaps with JKOPAY in mobile payment acceptance but competes as a device-tied global platform rather than a Taiwan-specialist wallet.

Regional players

• Kakao Pay: South Korea's leading QR and mobile payment platform. Highly comparable to JKOPAY in product scope (payments, transfers, lifestyle services) but operates in a different geography (Korea vs Taiwan).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/JKOPAY
• LinkedInlinkedin.com/company/jkopay-co-ltd/mycompany
• Instagraminstagram.com/jkopayapp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jkopay