Digital Payments Archives

COVID-19 Game Changer: UOB Survey Shows 70 Per Cent Of Consumers Increased Digital Payment Usage In Singapore

January 8, 2021

Digital payments have received an unambiguous boost in Singapore, prompted largely by changes to shopping behaviour during the pandemic, according to the results of the UOB ASEAN Consumer Sentiment Study2.…

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Technology

NETS And Singtel Partner To Provide More Cross-Border Digital Payment Opportunities In Southeast Asia

August 25, 2020

NETS or Network for Electronic Transfers announced its plan to accelerate the development and delivery of NETS digital cross-border payment services, leveraging Singtel’s advanced ConnectPlus Managed Network and Amazon Web…

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Payment Services Act Comes Into Force

January 29, 2020

The Monetary Authority of Singapore (MAS) announced the commencement of the Payment Services Act (PS Act). The new PS Act will enhance the regulatory framework for payment services in Singapore,…

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Technology

DBS Launches Industry-first Solution To Transform B2B Payments And Collections Landscape In Singapore

January 22, 2020

Paying suppliers and vendors with cash could soon be a thing of the past for Singapore’s 28,000 coffee shops, hawker centres and restaurants. DBS has launched an industry-first solution to…

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