When purchasing certain products or services through the Internet, a buyer often needs to rely on a third party payment service provider to make payment to the seller.  However, under the current laws and regulations, the third party payment service can only be provided by financial institutions if the service includes allowing users to deposit certain amount of money with the service provider, which is deemed as the core business of financial institutions.  In a news release issued on June 4, 2013, the Financial Supervisory Commission of the Executive Yuan (“FSC”) announced that it is coordinating with other related government authorities to promote the cooperation between third party payment service providers and banks so that the providers may provide such services through banks.