e-payments

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.

E-payment war morphing from single to paired fighters

THE e-payment fight has taken on a new complexion. Facing each other on the frontlines are no longer single warriors - be it a Super App, fintech startup or financial incumbent - but newly-formed...