30 Apr '17, 9pm

Apple Pay marks first year in S'pore as mobile payments gain traction - THE BUSINESS TIMES

Apple Pay marks first year in S'pore as mobile payments gain traction - THE BUSINESS TIMES

AS Apple Pay marked its first anniversary in Singapore in April, observers said that mobile payments have in the last year gained significant traction here, with the real power of mobile wallets now going beyond just payments. They are rich customer engagement platforms. Forrester analyst Ng Zhi Ying told The Business Times that Apple Pay's launch had triggered the other mobile payment providers Samsung Pay and Android Pay to rapidly roll out such services in Singapore in 2016 - offering consumers here a plethora of mobile payment choices. Ms Ng said: "Today, an increasing number of Singaporean consumers are getting more familiar and comfortable with paying with their mobile phones, enjoying the convenience of not having to pay with their wallets." sentifi.com Market voices on: Piruze Sabuncu, head of South-east Asia at payments company Stripe, said that Apple Pay has enjo...

Full article: http://www.businesstimes.com.sg/technology/apple-pay-mark...

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