Apple Pay Now fully Supports Five Major Banks in Singapore

Apple Pay Now fully Supports Five Major Banks in Singapore


Apple has finally launched Apple Pay support for debit and cards for five major banks in Singapore as POSB, DBS Bank, OCBC Bank, United Overseas Bank (UOB) and Standard Chartered Bank.  As earlier Apple Pay was launched in Singapore, but at that time it was limited only to American Express card holders.

Apple has finally launched Apple Pay support for debit and cards for five major banks in Singapore as POSB, DBS Bank, OCBC Bank, United Overseas Bank (UOB) and Standard Chartered Bank.

These five banks account for more than 80% of the Visa and MasterCard credit and debit cards issued in Singapore. Their customers can now add their card details to a "digital wallet" stored on their iPhones, iPads and Apple Watches. 

As report from Straits, Apple Pay Vice President Jennifer Bailey, said “Now, almost everyone can leave their wallets at home. Apple Pay will be a natural extension of what users have been doing at payment counters.”

Apple Pay will be accepted at over 30,000 retail points including FairPrice and Cold Storage supermarkets, Guardian, Starbucks and Uniqlo outlets. 
There is a $100 cap for most transactions, but UOB Bank has lifted the limited merchants, such as Singapore Petroleum Company, Caltex, Metro and The Coffee Bean & Tea Leaf.

For Apple Pay, supported handsets include the iPhone SE, iPhone 6, iPhone 6S, iPhone 6 Plus, iPhone 6S Plus, iPad Pro and the iPad Air 2 and Apple Watch users need only tap the watch on a contactless reader.

The service is expected to launch mobile payment service or contactless payment in Spain, Hong Kong, India, France, Japan and Brazil later this year or early next year.

Apple Pay Now fully Supports Five Major Banks in Singapore Apple Pay Now fully Supports Five Major Banks in Singapore Reviewed by iMangoss on 6:26:00 PM Rating: 5

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