Payment systems

Forum: PayNow alias feature removal should balance usability and protection

No more nicknames: PayNow to end alias option for users from June

PayNow's decision to end the nickname feature for retail customers is meant to strengthen protection against impersonation scams.

MAS to work with banks to tighten GIRO safeguards following double-charging incidents

The review will consider measures including enabling customers to set monthly limits on the amount and number of transactions.

Singapore taps digital payments everywhere, but cash still lingers

Moscow shoppers and travellers hit by payment system problem

A man walks past an office of the Russian largest lender Sberbank in Moscow, Russia December 24, 2020. REUTERS/Maxim Shemetov

Singapore extradites ex-Wirecard Asia director to Germany in global fraud probe

Wirecard was one of four payment service providers that were used by criminal networks to process and launder transactions.

Genting Highlands road charge system trial begins April 2

Permitted road users are still required to tap their payment cards at the gantries, but payment will not be imposed during the trial.

DBS, POSB digital banking services restored after one-hour disruption during lunchtime

Over 2,100 reports in total were recorded for DBS and POSB services as at 12.30pm.

With dwindling use and acceptance, Singapore’s five-cent coin enters its twilight

Shop owners and customers across several heartland estates told ST that the five-cent coin is rarely used in daily transactions

Could Apple’s Tap to Pay be a game changer for hawkers?

Businesses operating at high volume, like a hawker centre at lunchtime, can therefore see gains in transaction speed with Apple Tap to Pay, says the writer.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.