Mobile Payments

Payments Council Sets Up Taskforce to Develop Common QR Code for Singapore

Establishing interoperable electronic payments and developing a common QR code for Singapore were two key topics that the Payments Council discussed at its inaugural meeting on 11 August 2017. Establishing interoperable electronic payments The Council noted electronic payments as a

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Singapore Government: Exploring E-payments for Hawker Centers and Shops in the Heartlands

The National Environment Agency (NEA), Housing & Development Board (HDB), Monetary Authority of Singapore (MAS) and Smart Nation and Digital Government Office (SNDGO) have jointly issued a Request for Information (RFI) for electronic payment (e-payment) solutions to support micro-payments. Mainly

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Digital Payments: Cash Still King in Vietnam

Despite Vietnam’s high smartphone and mobile Internet penetration rates, consumer adoption of fintech solutions remains low with cash-payment habit being hard to change. “Vietnamese, including the unbanked, have already used their mobile for many activities in their everyday life, but

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Simplifying Electronic Payments in Singapore

At Singapore’s recent National Day Rally, Prime Minister Lee Hsien Loong highlighted that while Singapore has the right ingredients to become, what has been dubbed, a ‘Smart Nation,’ there is still much to be done. PM Lee lamented that while

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Grab launches the new GrabRewards, claims SEA’s largest loyalty programme

Grab announced the launch of its new expanded GrabRewards programme. By drawing more than 150 merchants into its ecosystem of rewards partners, Grab confirms its customer base’s appeal to merchants as one of the most popular apps in SEA. With 55

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Grab Plans To Be the #1 Mobile Payments Platform in Southeast Asia

Grab, the leading ride-hailing and logistics services startup in Southeast Asia, is looking to become the top mobile payments platform in the region. In order to “solidify its leadership in digital payments,” the firm has signed in April an agreement

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Fintech in Bangladesh: Nascent but Growing

Bangladesh’s undeveloped financial system, huge unbanked population, and increasing smartphone penetration rate, have fueled the development of innovative digital finance solutions. Home to 160 million people, Bangladesh is the world’s eighth densely populated country and one of the top performing

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Interview: Texcent to Launch Digital Payments Platform Paycent in Singapore and the Philippines in Coming Weeks

Texcent, a Singapore-headquartered fintech startup, is looking to launch its digital payment platform, Paycent, this August in Singapore and the Philippines. The company aims to become the global leader for mobile and cashless transactions with a platform that promises a

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Vietnam’s Zalo Pay Brings Payments To Social Media in Vietnam

Zalo Pay, a product of ZION, is bringing mobile, contactless payments to Vietnam’s popular social media and messaging platform Zalo. Launched in 2012, Zalo is a free message and call mobile app used by 70 million people. Zalo entered the

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OCBC Bank makes PayNow even more seamless by enabling account-to-account QR code transfers

By innovatively marrying QR codes with PayNow’s infrastructure, OCBC Bank has delivered a new level of convenience to funds transfers. PayNow did away with the need to know bank account numbers and “adding payees” when making funds transfers. The OCBC

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