Do I need to carry cash in Taiwan?

Navigating Taiwan’s Payment Landscape: The Benefits of Carrying Cash

While Taiwan has embraced digital payment systems, cash remains an indispensable aspect of the local economy. Here’s why it’s advisable to carry local currency during your travels in Taiwan:

Vibrant Markets and Traditional Vendors:

Taiwan is renowned for its bustling markets, where vendors primarily prefer cash transactions. These markets offer an array of goods, from delectable street food to unique souvenirs. By carrying cash, you can seamlessly engage with these vendors and immerse yourself in the traditional market experience.

Small Establishments and Non-Card Acceptors:

Beyond markets, many smaller establishments, such as local eateries and corner stores, may not accept credit cards. Carrying cash ensures you can conveniently make purchases without any payment limitations.

Flexibility and Accessibility:

Cash provides unmatched flexibility, allowing you to make transactions without relying on internet connectivity or technological disruptions. It’s also accessible to everyone, regardless of their technological proficiency or smartphone ownership.

Convenience in Bustling Areas:

In densely populated areas and during peak hours, card readers may experience delays or technical issues. Carrying cash empowers you to make swift payments, avoiding the inevitable queues and frustration.

Emergency Situations:

In the event of an unexpected emergency, cash can serve as a reliable backup payment method when ATMs or card systems are unavailable. It’s always prudent to keep an emergency cash stash for such contingencies.

While credit cards are widely accepted, carrying a small amount of local currency ensures flexibility, convenience, and access to the full spectrum of Taiwan’s vibrant economy. Don’t rely solely on cards; embrace the convenience of cash to fully experience the country’s unique payment culture.