SingTel and Visa Forms A Strategic Alliance in Mobile Payment

Aug 6, 2013 (Tue): SingTel has announced its partnership with Visa, to consumers in Singapore and Australia to pay for goods and services using their smartphones at all Visa payWave acceptance points worldwide.

According to SingTel, the company is working with Visa to link Visa prepaid accounts to its mobile money, mCash and plans to launch the mobile payment solution in early 2014. The service allows mCash customers to wave and pay with their NFC-enabled smartphones at more than 12,000 Visa payWave acceptance points in Singapore and over 100,000 across Australia. Besides, the customers also can use it to make e-commerce purchases online by entering their Visa prepaid account number linked to their mCash account.

Author: VSDaily Editor

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