E-Payments
EZ-Link Offers Account-Based Ticketing For Public Transport
EZ-Link Pte Ltd, pioneer of contactless payments in Singapore, today unveiled the newest iteration of the EZ-Link card, designed to bring more ease and convenience to commuters. Using an account-based ticketing system, these new EZ-Link cards provide commuters with a seamless travel experience and improved digital services, while offering lifestyle-centric features catered to their daily …
COVID-19 Game Changer: UOB Survey Shows 70 Per Cent Of Consumers Increased Digital Payment Usage In Singapore
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. Seven in 10 consumers here said that since the onset of the COVID-19 virus, they have increased their use of digital or cashless payment methods, …
Payment Services Act Comes Into Force
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, strengthen consumer protection and promote confidence in the use of e-payments. The PS Act adopts an activity-based licensing framework in recognition of the different kinds …
Little India Goes Digital To Enhance Customer Experiences And Benefit Businesses
More than 100 Little India merchants, across retail, F&B and services, have adopted digital solutions to improve their competiveness in the Digital Economy. The solutions were introduced as part of Little India’s precinct transformation journey launched in February by Minister for Communications and Information Mr S. Iswaran. The project, led by SME [email protected] India, Singapore …