In collaboration with EZ-Link Pte Ltd (EZ-Link), Singapore Telecommunications Ltd (SingTel) has launched a mobile payment services via Near Field Communication (NFC) technology.
Doku, an Indonesian payments company, has just launched their shopping cart solution for individuals and small business owners.
Competition in the mobile payments space has continued to ratchet up.
Coming to the US to tell an audience of payments specialists about how the UK has transformed its national infrastructure over the past five years with the introduction of an effectively real-time payment system might have been considered a rough assignment – what can the Brits teach the wider world, particularly the US, about payments modernisation?
Among the more than 1,500 exhibitors at the Money2020 in Las Vegas this week, Zapp, the mobile payments initiative, is probably one of the few that is aiming to put banks firmly back into the middle of the payments process.