Money

Cashless fees not a major hurdle for hawkers: study

HAWKERS in Singapore - the bastion of the city-state's national treasure, food - have no problems handling cash despite the supposed hassle of physical notes and coins, a study by Visa Singapore has...

Cashless payments: Two firms develop digital tokens for retail network

As e-payment firms battle for dominance in Singapore's race to go cashless, a few companies are rolling out their own payment solutions aimed at boosting retail spending.

Venture capital, private equity investments in SEA for Q1-Q3 2017 exceed 2016 total

MORE than US$8 billion in venture capital (VC) and private equity (PE) investments was recorded in South-east Asia in between Q1 and Q3 this year. The figure exceeds gross investments in the...

Singapore, Thailand discuss e-payment alliance for digital push

[SINGAPORE] Singapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use...

Hey Siri, transfer money: OCBC introduces voice commands for business transactions

OCBC'S business customers will soon be able to conduct fund transfers and check their account balances, all without lifting a finger.

Singapore August bank lending up 0.3%

[SINGAPORE] Singapore's total bank lending in August rose 0.3 per cent from July, on the back of higher loans to financial institutions, central bank data showed on Friday.

Many recipes but Singapore's cashless appetite still not sated

TOO many cooks are spoiling the broth in Singapore's pursuit of a cashless society. Competition among e-payment players will improve user experience, certainly, but Singapore does not need another...

When a cluttered counter obstructed cashless payments

LAST week, I picked up a bottle of hair conditioner and some mouthwash at a pharmacy. As I waited in line at the cashier, I was pondering the different ways that I could pay for my items - which...

E-payment firms in race to roll out unifying platform

Analysts believe that Nets has an advantage over contenders like Grab or Razer to be the ubiquitous, unifying e-payment network in Singapore, but it's too soon to tell who will emerge winner as...

Payment by phone soon as Nets card goes digital

The way people shop and pay in Singapore could change decisively from next month, when the first set of Nets users will be able to store their contactless ATM bankcards virtually on their phones...

StanChart eases customer access to cash with tie-up

Standard Chartered customers will soon be able to withdraw cash from more than 400 places nationwide, thanks to a tie-up the bank has made with start-up soCash.