News & Updates

July 6, 2018
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Chinese tourists driving mobile payment growth in Southeast Asia

With Chinese tourist being the top spender in terms of tourism dollar over the world, and a strong preference for mobile payment abroad, many retailers are trying to implement mobile payment systems catering to Chinese tourist. This is especially true for Southeast Asia (SEA) merchants as SEA is the top travel destinations for Chinese tourist. In order to gain a slice of the Chinese tourist market overseas worth US$429 billion, WeChatPay, UnionPay & AliPay had forged many partnerships oversea recently. Some noticeable partnerships includes Changi Airport with WeChatPay and LiquidPay with UnionPay. They have been actively seek merchants to expand, […]
June 29, 2018
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WeChat Pay releases Ringgit e-wallet for cashless payment in Malaysia

It has been confirmed that WeChat Pay will launch in Malaysia, June 2018 before Raya Aidilfitri. Malaysia will be the very first country outside of China to have the e-wallet localised for ringgit. To prep for the Hari Raya festive season, various companies has already been working with WeChat Pay to allow use of this new mobile payment mode. With over 20 million existing Malaysian WeChat users, it allows easier acceptance of WeChat Pay as a new mobile payment method. Besides that, PM Mahathir has displayed interest in the concept of a cashless society which further facilitates the adoption of […]
June 22, 2018

IMDA launches new programme teaching seniors how to go cashless

While Singapore seeks to move toward a Smart Nation, ageing population arises as an inevitable hurdle. Everyday technologies may seem intuitive to the younger generation but it may not be the case for the elderly who often rely on younger generations to access them. Going cashless implies further digitalising of our environment and can possibly cause further confusion for the elderly. It is crucial to keep in mind that a cashless society involves not only the tech-savvy youngsters, but all members of the society including seniors. Thus, Info-comm Development Authority (IMDA) has organised the first session of e-Payment Learning Journey […]
June 15, 2018
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UnionPay QR code payment will soon be available in hawker centres

UnionPay International (UPI) had partnered LiquidPay, both members of SG QR taskforce, to allow UPI mobile payment app users to make payment at LiquidPay group of merchants. The partnership will see the 2 parties piloting the service at hawker centres currently already on the LiquidPay app,such as Maxwell Food Centre, Amoy Street Food Centre and Bedok 85 Market. Other LiquidPay’s merchants will also be onboard by 3rd quarter this year. It is estimated that this partnership will help UnionPay increase their Singapore mobile payment points by more than 1000 merchants. It is not the first time UnionPay had form strategic […]
June 8, 2018
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Changi Airport targets Chinese tourists with new cashless payment solution – WeChat Pay

As cashless payment modes grow in popularity, businesses start adopting these new cashless methods to keep up with the times. Despite the proliferation of players in the e-payment industry, WeChat Pay remains one of the most established players worldwide. As one of the most popular e-payment providers within China, WeChat Pay has over hundreds of millions of active users. Similar to other e-payment solutions, WeChat Pay provides efficient payment experiences with various services such as QR Code payment and Quick Pay.
June 1, 2018

Indian Prime Minister launches 3 payment apps in partnership with NETS

Prime Minister Narendra Modi launched 3 Indian mobile payment apps in Singapore at a business event aimed at internationalisation of the India’s digital payment platforms on 31st May 2018. At the ‘Stepping into the future’, where digital platform was the main theme focusing on driving Singapore & India into a smart nation with cashless mobile payment, PM Modi launched India’s BHIM, RuPay and State Bank of India (SBI) Apps. […]