Singtel's Dash expands payment capabilities to international frontiers with Visa & Apple Pay

Singtel's Dash expands payment capabilities to international frontiers with Visa & Apple Pay

Michelle Zhu
10/12/18, 04:34 pm

SINGAPORE (Dec 10): Singtel’s all-in-one mobile payments app, Dash, has expanded its payment capabilities to include international mobile payments via Apple Pay.

This means Apple device users may also use Dash as a payment method on Apple Pay, making it the first non-bank mobile wallet in Singapore on Apple’s secure and private payments system.

Main image, photo courtesy of Singtel: Using Dash for Visa Contactless Payments

Further, Dash customers are now able to use their Visa Virtual Account on the Dash app at online retailers worldwide and merchant points that accept Visa contactless payments.

Previously, NFC payments were only available via Dash’s Visa Virtual Account on Android smartphones, for purchases made only in Singapore.

The Visa Virtual Account was first introduced last year after the mobile payments app was re-launched in May 2016 to allow its users to make payments while overseas.  

In a Monday announcement, Singtel says the latest development means that Dash customers can now shop at their favourite online stores and apps; subscribe to digital content; as well as tap and pay in-store using any NFC-enabled smartphone or Apple device at participating Visa and Apple Pay merchants worldwide – all without the need to use an actual debit or credit card.

To start using the integrated payment service, customers may sign in on the Dash app and top up their Dash Visa accounts. The app has a cap on mobile wallet expenditures to reduce the risk of exposing bask accounts or credit limits to fraud, and allows customers to track their expenses through in-app notifications each time a transaction is made.

“This is a game changer for the mobile wallet scene in Singapore especially with the rising popularity of travel and online shopping among Singaporeans. Everyone can simply download Dash regardless of their telco, and enjoy shopping online and in-store at millions of merchants globally,” says Gilbert Chuah, head of mCommerce, International Group at Singtel.

As at 4.32pm, shares in Singtel are trading flat at $3.08.

Hyflux gets non-binding letter of intent from China suitor

SINGAPORE (June 15): Hyflux has received another non-binding letter of intent (LOI) for a potential investment in the group by an investor based in China. In a Friday night filing, Hyflux says the investor is a subsidiary of a state-owned enterprise in the industrial field which works on a global scale to provide comprehensive power services. “Other fields of expertise of the investor’s holding company include wind and solar energy solutions, nuclear industry, medical technology and agriculture,” says Hyflux. See: Rags-to-riches tale goes sour for Hyflux founder Olivia Lum Se....

Hong Kong suspends China extradition bill

(June 15): Hong Kong’s leader suspended efforts to pass a bill allowing extraditions to China, in a dramatic reversal that she said was necessary to restore order in the Asian financial hub and avoid further violence and mass protests. Carrie Lam, Hong Kong’s chief executive, announced the legislative “pause” at a news conference Saturday, even as activists asked hundreds of thousands of residents who marched in protest last weekend to return to the streets and demand her resignation. Lam acknowledged that debate had shattered a period of relative calm in the former British colony, ....

Chip Eng Seng in joint $47.5 mil investment of China distressed property company

SINGAPORE (June 15): Chip Eng Seng and controlling shareholder Haiyi Investment are jointly investing RMB240 million ($47.5 million) in a distressed property company based in Taicang city in Jiangsu province, China. Chip Eng Seng says the investment will enable the project company to discharge its outstanding liabilities such that its assets will be unsealed and restart a project involving the development and construction of a residential development on a land area of 38,000 sqm, with a gross floor area of 111,111 sqm. The project company, effective controlled by local shareholder Ren We....