Page 4 - Singtel Dash News Today

February 15, 2021 Lianhe Zaobao At long last, GrabPay allows you to cash out your balance. How does this work, and what are the implications?  While the widespread adoption of GrabPay and the introduction of the GrabPay Mastercard has made your Grab wallet balance ‘as good as cash’, there’s always been that niggling little qualifier- “as good as”.  That’s why no one likes to be paid back with GrabPay. Once a dollar is within the GrabPay ecosystem, it’s stuck there and you’re ...

February 09, 2021 Facebook / SingtelDash In its bid to drive greater financial inclusion, Singtel has partnered with insurance firm Etiqa to bring about an additional digital insurance savings plan inside the Dash e-wallet itself. The new personal finance management tool is called Dash PET (Protect, Earn, Transact). Dash PET allows Singtel Dash users to start saving with a starting premium of S$50, and earn interest of up to 1.7 per cent on their first $10,000 balance (for the first policy year...

Mastercard combats VC gender gap; and other information you need to start your day, from PaymentsSource and around the web.

There are generally 3 types of mobile payment apps in Singapore: PayNow apps: Apps that allow you to scan a QR code and perform bank transfers via PayNow E-wallets: These require you to top up and maintain a virtual account. Same concept as EZLink cards NETS/credit card payments: Link your existing card to make contactless payment (i.e. PayWave) PayNow PayNow is not an app, but a payment method that powers some of these apps. Its biggest strength is that it’s very widely used in Singapore, ...

Singapore is no exception to other countries when it comes to experiencing a rise in digital payments. The COVID-19 pandemic has brought...

Singapore News - All financial services and e-payment firms in Singapore must, from yesterday, follow a new set of central banking rules to better mitigate technology risks in the wake of a recent cyber attack which impacted organisations around the world. The Monetary Authority of... Read more at www.tnp.sg

All financial institutions are now required to assess the suppliers of their technology vendors.. Read more at straitstimes.com.