Payment app for buying US stocks! Fullerton Securities partners with Pay all+ to allow users to link their e-payment accounts to purchase stocks, with a minimum investment of just 100 TWD.
The mobile payment service "FamilyMart FamiPay" under the FamilyMart group has announced a collaboration with the online brokerage "Pocket Securities," specially designed for young people, to launch the "Pocket Wealth" service. This service introduces the innovative feature of "linking electronic payment accounts to purchase stocks," targeting novice investors to easily enter the stock market with a low threshold.
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Full Wealth + PAY has announced that its membership has exceeded 2 million. In collaboration with Pocket Securities, they have launched the "Pocket Wealth" service, introducing a new model where electronic payment accounts serve as a source of funds for stock purchases, setting another example of cross-border innovation between electronic payments and the securities market.
Making Stock Investment Easier for Young InvestorsAccording to statistics from the Taiwan Stock Exchange, the number of investors aged 20 to 30 has reached 1.6 million, indicating a trend of younger participation in the stock market. In response to this trend, the "Pocket Wealth" service specifically targets digitally native young investors, providing them with easier and more diverse investment options. Pocket Securities offers a "stock saving" service with a threshold of only NT$100, categorized into three types based on different investment goals: "dividend saving, stable saving, and potential saving," allowing investors to choose suitable investment targets based on their risk tolerance.
Fast Account Opening and Exclusive OffersThe collaboration between Full Wealth + PAY and Pocket Securities not only achieves fast account opening technically but also completes the entire process in as fast as 10 minutes. New users can start trading on the same day after opening an account and binding it with the Full Wealth + PAY account, making the investment process smoother.
To attract more young investors, Pocket Wealth has also launched a limited-time promotional activity. From now until December 31, users who open a new Pocket Securities account, bind it with Full Wealth + PAY, and complete trading in Taiwan and U.S. stocks for the first time, will receive 100,000 Fa points from FamilyMart. In addition, new users can enjoy unlimited fee-free cross transfers within the first month, which is a highly attractive benefit for young investors who are just starting out.
Expansion of Electronic Payment Industry Expected to Attract Young Investors SignificantlyAlthough many young adults aged 18 to 35 are familiar with cryptocurrency investments, there are also cases of the 20-something generation having experience in cryptocurrency but not in stock investments. However, with the collaboration between online brokerages and the payment industry, both U.S. and Taiwan stocks are expected to become more popular among the younger demographic due to convenience.
Electronic payments are an indispensable part of the fintech industry. This year, Street Corner Finance quietly entered the banking industry, becoming the third-largest shareholder of Richart Bank. The financial inclusion and variability brought by electronic payments are expected to lead to greater popularization.
Tech Industry Ventures into Banking! Street Corner Finance Quietly Enters the Banking Industry, Becoming the Third-Largest Shareholder of Richart Bank
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