PAYMENT SYSTEMS

Gojek near to buying mobile payment start-up Moka for $163m

SINGAPORE (BLOOMBERG) - Indonesia's ride-hailing giant Gojek is close to acquiring a mobile point-of-sale start-up called Moka for at least US$120 million (S$163 million), as it aims to become a...

Centre supporting heartland businesses to expand reach

The move to revitalise the heartland retail scene is well under way, with ambitious plans by Heartland Enterprise Centre Singapore (HECS) to upgrade businesses and workers next year.

Payments platform 2C2P raises $71m for expansion

Regional payments platform 2C2P, which helps airlines, travel companies and online shopping malls handle payments from customers in the region, has raised US$52 million (S$71 million) from...

Pay healthcare bills in Singapore by scanning universal QR code

SINGAPORE - Visitors to all public polyclinics, hospitals and specialist centres will be able to scan a QR code to pay their bills by the end of next year.

Singapore e-wallet operator YouTrip expands to Thailand

SINGAPORE - Singapore-based YouTrip has expanded to Thailand through a partnership with Thai bank Kasikornbank. This is the first overseas market for the mobile wallet operator outside of...

UOB's new mCollect to help businesses with digital payment

A new digital payment solution aims to help businesses reduce cash-handling risks and improve cash flow.

More firms looking to digitise vending machines in Singapore

SINGAPORE - An ongoing pilot to make vending machines smarter will allow customers to make payments via national QR code SGQR, and operators to monitor remotely their inventory levels.

GrabPay rated most popular e-wallet here over past two years

DBS PayLah!, FavePay, EZ-Link app and Alipay are other popular e-wallets, according to a report which analysed over 30 e-wallet apps.

DBS looks to data trove to grow PayLah e-wallet; aims to more than double users to 3.5 million by 2023

SINGAPORE - DBS Bank is looking to its heritage to secure the popularity of its mobile wallet in the increasingly competitive field of digital payments.

Start-ups may grab $385b slice of payments pie by 2025: Report

LONDON • Banks are set to miss out on as much as US$280 billion (S$385 billion), or 15 per cent, of their global payments revenue by 2025, as new start-ups muscle in and more of the business of...

Gojek customers can now pay for rides with DBS PayLah!

Gojek riders can pay for their rides via DBS PayLah!, as DBS and Gojek expand their payment services partnership in Singapore.