e-payments

Surge in PayNow Corp sign-ups as firms seek fast support payouts

WITH their shutters drawn and government relief pumped through digital channels, businesses in Singapore have been driven to adapt to electronic payments amid the Covid-19 crisis.

TransferWise CEO preps for Malaysia launch, no IPO plans for now

[SINGAPORE] TransferWise Ltd, which recently raised funds at a US$3.5 billion valuation, is launching an international payments service in Malaysia soon as part of an ongoing Asian expansion, chief...

Realising 2025 cheque-free goal needs concerted effort by all banks

SINGAPORE wants to phase out the use of cheques by 2025, which is but a mere six years away. Even in this era of rapid advances in technology and their mass adoption, it is an ambitious target....

Singapore on track to hit 2025 cheque-free target

SINGAPORE's cheque-free target by 2025 came into focus on Tuesday as fresh figures show cheque volumes have been falling annually by 8 per cent over the last three years.

Cheque payments, cash withdrawals falling amid rise of e-payments: Ong Ye Kung

SINGAPOREANS have been making more contactless payments, thanks to the availability of multiple e-payment services including digital wallets, QR code payments and peer-to-peer fund transfer...

Liquid Group partners Indonesia's CIMB Niaga for crossborder QR payments

SINGAPORE startup Liquid Group is partnering Indonesian bank CIMB Niaga, majority-owned by CIMB Group, to facilitate crossborder QR (Quick Response) payments between Singapore and Indonesia.

Stripe hires PayPal veteran to steer Asia-Pacific business

PAYMENTS startup firm Stripe has hired a veteran from PayPal to head its business in the Asia-Pacific, The Business Times understands.

Liquid, Changi Airport Group to roll out QR platform

HOMEGROWN startup Liquid Group is now looking to be the go-to provider of mobile-payment networks as it partners the Changi Airport Group to roll out an integrated QR ("Quick Response") payment...

MAS delays banks' implementation of e-payment user protection guidelines to June 30

THE Monetary Authority of Singapore (MAS) on Thursday said that it will give banks and credit card issuers more time to adopt the e-payments user protection guidelines, which were first issued last...

DBS pilots QR red packets for Chinese New Year

DBS will trial a loadable QR (quick response) red packet service this Chinese New Year season in what it called a "a fun, digital twist on the age-old tradition".

E-wallet, crypto players show support for Payment Services Bill

E-WALLET and cryptocurrency players welcomed - with some degree of reservation - the new regulatory framework for payment services that was unveiled on Monday.