Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More
OCBC Bank
Bank sends money to Facebook friends
Customers of Singapore’s OCBC Bank can now send up to S$100 a day to any of their Facebook friends from their phone, using a new Pay Anyone feature in the bank’s mobile app... More
Singapore to get national trusted third party for NFC
Singapore’s banks, telecoms networks and transit operators have given the go ahead for the creation of a national trusted third party designed to ensure full interoperability between the NFC services of all mobile operators and all service providers. More