Friday, August 2, 2013

SingTel teams with Visa for mCash in Singapore and Australia

SingTel and Visa announced a deal to link Visa prepaid accounts to mCash, SingTel’s mobile money solution.

The forthcoming service will allow SingTel mCash customers to wave and pay with their NFC-enabled smartphones for daily necessities such as coffee, fast food, groceries and movie tickets at Visa payWave acceptance points. There are currently more than 12,000 Visa payWave acceptance points in Singapore and over 100,000 across Australia.  Service launch is planned for early 2014.

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