After LINE obtains the electronic payment license, it will officially end its partnership with iPass Money on December 31, 2025. LINE’s own LINE Pay Money will be activated from 3 p.m. on December 3, and the iPass company will launch an exclusive APP to ensure that existing users can transfer and continue to use it painlessly.
What are the differences between LINE Pay Money, iPass Money, and LINE PAY? How to set up and activate LINE Pay Money? Should all iPass Money stored value be transferred? Where will iPass Money users go? The following is a summary and analysis:
according toFinancial Supervisory CommissionStatistics show that in September 2025, the total number of users of electronic payment accounts in Taiwan was approximately 34.45 million. Among them, iPass Money led Jiekou Pay (7.037 million), Quanpay (6.748 million), Youyoupay (3.808 million), and Yushan Bank (3.151 million) with 7.08 million users, becoming the leader in electronic payment in Taiwan.
Line Pay and iPass Money will terminate their cooperation on December 31, 2025. iPass Money will be divided into Line Pay Money and iPass Money. The original leading position of iPass Money in electronic payment will be removed. After the separation, outsiders believe that Line Pay Money will have more users than iPass Money. Considering that some users may have both accounts, the number of electronic payment users will further increase!
You can start updating the App, registering a new account and starting using Line Pay money from 3:00 pm on December 3, 2025. From 12/3 ~ 12/31, you can still log in to the old version of iPASS MONEY through LINE Pay; starting from 2026/1/1, the separation will officially take effect, and the iPASS MONEY function will no longer be available in the LINE Pay wallet. However, the money in the user’s wallet will not disappear. As long as the original user downloads the iPASS MONEY exclusive APP, he can painlessly use the original payment service provided by the card company.
After Line Pay Money and iPass Money officially separate, where will the original iPass Money users go? The following is a summary video and detailed instructions:
1.What is Line Pay money (LPM)? How is it different from iPass Money and Line Pay?
LINE Pay Money (LPM) is its own electronic payment account established by its subsidiary “Lianjia Electronic Payment” after LINE obtained the electronic payment license. After the separation, it will no longer handle accounting and savings operations through the One Card Company.
A.Differences between LINE Pay Money and iPass Money:
The main difference between LPM and the original iPass Money is the issuing company (iPass Money is issued by All-in-One Card). Since the cooperation between Line Pay and the All-in-One Card Company will be terminated on December 31, 2025, the LINE Pay interface will no longer provide any service links for iPASS MONEY. Line Pay will remove the stored value function of iPass Money.
LINE Pay Money will remain in the original LINE APP wallet but must be re-registered and activated. iPass Money must download the [One Card iPASS MONEY App], retain the existing information of iPASS MONEY users, and transfer all iPASS MONEY functions in the original LINE Pay wallet to the new exclusive App.
Originally, users could use the “LINE friend transfer” or life payment, stored value, withdrawal, payment and other functions by downloading the “iPASS MONEY App” or registering to use the new LINE Pay Money.
B.Differences between Line Pay Money and LINE Pay:
LINE Pay is a third-party payment platform that is used to pay with credit cards/debit cards; Line Pay Money is an electronic payment account with e-wallet + bank transfer functions, which can be used to store value, withdraw money, transfer money to LINE friends, pay for daily expenses, use ride codes and other functions.
2. How to activate LINE Pay Money?
Since LINE Pay Money is an electronic payment, users must re-authenticate their identity and bind their bank account and credit card according to regulations. To apply for LINE Pay Money, you need to follow the following three steps:
Step 1: Update to version 15.18.1 or above
Step 2: Open a LINE Pay Money account and verify it with your ID
Step 3: Select the bound bank account and credit card for verification
After successful setting, users can use LINE Pay Money to perform multiple functions, such as stored value, withdrawal, transfer, bill payment, public transportation code, balance payment and other services. The old iPASS MONEY can be used on LINE APP until December 31, but only basic operations such as balance inquiry, transfer, and withdrawal can be performed. Starting from January 1, 2026, it will be completely removed from LINE APP.
3. Should I transfer the original balance of iPASS MONEY? OriginalWhere should iPass Money users go?
Because LINE PAY MONEY and iPass MONEY belong to different electronic payment companies, they cannot be transferred directly. In addition, LINE Pay will not actively transfer the balance in the original iPASS MONEY to the LINE Pay Money account. Users need to manually transfer by themselves.
Although iPASS MONEY will be deleted from the LINE Pay APP page starting from January 1, 2026, the one-card company with official government investment is still operating normally, and the user’s stored value balance in iPass MONEY will not disappear. As long as the user downloads the exclusive [iPASS MONEY APP], not only all the original account deposits, setting information and transaction records will be completely retained in the original account, but all the original functions including friend transfers, daily payment, consumption payment and ride codes can continue to be used.
Should the original balance of iPASS MONEY be transferred out? You need to consider the way the user uses electronic payment. The usual methods are as follows:
A. Only keep LINE Pay Money electronic payment account:
Consider simplifying the electronic payment account and only plan to use a single account for LINE Pay Money. Before 12/31, these users entered the old version of iPASS MONEY interface, “withdrawed” the balance back to their bank account, and then “recharged” the money into the newly activated LINE Pay Money account.
B. LINE Pay Money and iPASS MONEY accounts coexist:
Considering that past transaction records and payment settings are all in the iPASS MONEY account, I downloaded the [iPASS MONEY APP] to keep the original account and functions. In addition, I activated the LINE Pay Money account and “recharged” the money to the new account so that both accounts can be used.
C. Just continue to use iPASS MONEY:
Considering simplifying the electronic payment account, I only plan to continue using the iPASS MONEY single account. These users download [iPASS MONEY APP], retain their original accounts and functions and continue to use them, without re-applying for a LINE Pay Money account.
Source: KOCPC Chinese