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PayNow is a real-time inter-bank payment system developed by Association of Banks in Singapore and supported by all major Singaporean banks. It allows peer-to-peer and person-to-merchant transactions using mobile numbers, NRIC, UEN or VPA, and is linked with other payment providers in the region.
NETS is a private company that offers various electronic payment solutions in Singapore, such as debit and credit cards, mobile payments, e-wallets, and electronic funds transfer. It is owned by DBS Bank, OCBC Bank and UOB, and operates the national debit scheme and the CashCard system.
Learn about the history, operations and shareholders of UOB, a Singaporean regional bank with branches in Southeast Asia, Hong Kong and China. UOB is the third largest bank in Southeast Asia by total assets and offers various financial services.
MEPS+ is an online interbank payment and fund transfer system in Singapore, owned and operated by the Monetary Authority of Singapore. It was launched in 2006 and has features such as SWIFT message formats and network detection and resolution.
A debit card is a payment card that can be used in place of cash to make purchases. It is linked to the cardholder's bank account and the money is transferred directly from the account to the merchant's account. Learn about different types of debit card systems, such as online, offline and electronic purse.
Learn the common abbreviations used in Singapore, such as PAP, HDB, MRT, and SAF. Find out the meanings, origins, and examples of clippings, acronyms, and initialisms in Singapore English.
This web page provides a comprehensive list of banks with operations in Singapore, including local and foreign banks, full and wholesale banks, and digital banks. It also shows the location of incorporation, address, and other details of each bank.
Wee Cho Yaw was a Singaporean banker, businessman, investor, and philanthropist. He was the chairman of United Overseas Bank (UOB) and UOL Group, and led UOB's expansion in Asia and diversification into various sectors.