DBS PayLah! users can now scan to pay at over 100 million Alipay and Weixin Pay merchants in mainland China.
payments
Airwallex To Invest Over S$2 Billion In Singapore
Airwallex will invest more than S$2 billion in Singapore over five years and grow its local workforce to over 1,000.
Maybank Offers Ringgit Current Accounts To Eligible Singapore Companies
Maybank has extended its Malaysia Ringgit Current Account to eligible Singapore-based firms, letting them hold and convert ringgit ahead of Malaysia-related payments.
Singapore Payments Network Names Derek Chan As First CEO, MAS’s Jacqueline Loh To Chair Board
The Singapore Payments Network, set up by MAS and the Association of Banks in Singapore to govern the national payment schemes, has appointed its inaugural CEO and an 11-member board ahead of starting operations in early 2027.
OCBC Launches Alipay+ Travel Treat, Offering In-App Vouchers For Overseas QR Payments
OCBC has rolled out Alipay+ Travel Treat, letting app users claim more than 200 merchant deals across seven destinations before they travel.
Grab, Wise And Liquid Group First To Sign Up To Singapore Payments Industry Code
Grab, Wise and Liquid Group are the first payment providers to adopt the Singapore Fintech Association’s voluntary code of conduct, which requires upfront disclosure of fees, exchange rates and mark-ups.
DBS PayLah! Users Can Now Scan To Pay At Over 250,000 Merchants In Taiwan
DBS has become the first Singapore bank to link customers to Taiwan’s TWQR network, letting more than three million PayLah! users pay by QR code at over 250,000 Taiwanese merchants.
Singapore Merchants Lose $1.2B Annually From Payment Failures
Singapore merchants lose $1.2 billion yearly due to payment failures, necessitating improvements in digital transaction systems for revenue recovery.