Wirecard to cease payment services in Singapore: MAS - THE EDGE SINGAPORE


Wirecard to cease payment services in Singapore: MAS

Other forms of e-payments such as NETS, PayNow and SGQR continue to be available.

Disruption and Digitalisation

DBS launches QR code-based B2B payments and collections solution

DBS' QR code-based B2B payments and collections solution is expected to save one F&B operator up to 3,300 manhours a month.

Disruption and Digitalisation

Digital financial services to generate $52 bil annually by 2025; 'underbanked' and 'unbanked' remain challenges

SINGAPORE (Oct 30): The digital financial services industry in Southeast Asia is poised to triple in annual revenue generation by 2025 to reach an estimated US$38 billion ($52 billion), a new study has revealed.


PayPal enters China, but what about Southeast Asia?

Singapore (Oct 7): Inside the sprawling 728,000 sq ft Silicon Valley headquarters of payments company PayPal Holdings, CEO and president Dan Schulman walks about in a black crewneck sweater and jeans, his feet shod in open-toed sandals. His lightly tanned


Cash trap

Singapore is going full steam ahead in its move to promote e-payments. But unless small and medium-sized enterprises, which make up 99% of all businesses, adopt e-payment systems, cash will still be king.

Disruption and Digitalisation

Super Apps, Asia's new innovation, to change cities, economies

SINGAPORE (Nov 7): The ability to communicate, shop online, order rides, read books, play games, get food delivery and pay for anything within a single, unified smartphone app is Asia’s defining innovation, technology leaders said at Bloomberg’s New E


Singtel, AIS launch cross-border mobile payments alliance

BANGKOK (Oct 2): Singapore Telecommunications (Singtel) today launched its own mobile payment alliance, VIA, as it tries to grow its clout in the highly competitive e-payment industry.


Singapore launches unified QR code for e-payments; new rules soon to address likely risks

SINGAPORE (Sept 17): Singapore on Monday launched the Singapore Quick Response Code (SGQR), which combines multiple payment QR codes into a single SGQR label.


Singapore banks could still win despite e-payment disruption: Morgan Stanley

SINGAPORE (Sept 7): The rise of e-payments might create a potentially existential challenge for banks, but two Singapore banks are expected to emerge winners despite the disruption, according to Morgan Stanley Research.

Startups, Entrepreneurs, Digital economy

2 in 3 SMEs expect to go cashless by 2023: OCBC

SINGAPORE (Aug 10): Times are changing for businesses with the boom of the e-payments movement in Singapore.