QR code payment tests in Singapore make transactions easier for merchants

QR code - Merchant mobile payments - Singapore Flag

A new system in the country uses one operator to accept 23 different payment methods. Merchants in Singapore will soon be able to use a single QR code to be able to accept nearly two dozen different digital payment methods in a trial starting this week through the central bank. Stores have been promised that the new system will reduce hassle for them and for their customers. With a rapidly growing number of apps and mobile wallets, merchants are finding it difficult – or even impossible – to accept them…

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Mobile payments growth gap barely there between millennials and older generations

visa mobile payments growth

Visa has been taking aim at Singapore for the creation of a cashless society, with surprising findings. Visa’s effort to turn Singapore into a cashless society has centered heavily around promoting mobile payments growth. The credit card giant recently released its Consumer Payment Attitudes Survey 2016, revealing some unexpected data. It came as little shock that Singaporeans are embracing mobile payment transactions for many purchases. Singapore mobile payments growth has been greatly driven by the willingness of the people to use their smartphones for on demand services as well as…

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PayPal launches new SDK to help Singapore businesses accept mobile payments

Paypal Mobile Payments wearable technology

New SDK from PayPal is launched in Singapore PayPal has launched a new mobile software development kit (SDK) for businesses and developers. The SDK is currently only available in Singapore, but PayPal may opt to increase its availability in the coming year, depending on its popularity. A growing number of businesses are beginning to work to engage mobile consumers. In order to do so effectively, they need tools that can help them provide valuable, mobile-centric services, especially those that facilitate mobile commerce. SDK will help Singapore businesses break into the…

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New mobile commerce platform launched in Singapore

Singapore Mobile Commerce

SingTel and Standard Chartered Bank launch new mobile platform called Dash SingTel, a leading telecommunications company in Singapore, has partnered with Standard Chartered Bank in order to launch a new mobile commerce platform. The platform is comprised of three services that are offered by SingTel and Standard Chartered Bank. These services are designed specifically for smartphones and cover money transfers, retail payments, mobile travel insurance, and loan applications. Those with smartphones will be able to use the new platform, which is called Dash, and the platform will not be exclusive…

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New mobile commerce platform launched in Singapore

Singapore Mobile Commerce

Company released new application to make mobile shopping more convenient SingTel Digital Media, a subsidiary of Singapore’s largest telecommunications company, has launched a new mobile commerce application called Lyke. The application has been launched with little to no fanfare but may be able to compete with the other mobile commerce platforms that have been relaed in Singapore recently. Lyke is a branded version of the white-label Wish application, which was developed in the U.S. Lyke may bring much needed competition to Singapore’s mobile sector Consumers in Singapopre have been showing…

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