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MAS establishes council to realise Singapore’s e-payments vision

PC Lee Published on Wed, Aug 02, 2017 / 3:48 PM GMT+8

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SINGAPORE (Aug 2): The Monetary Authority of Singapore (MAS) announced on Wednesday it will establish a Payments Council, comprising 20 leaders from banks, payment service providers, businesses, and trade associations.

The Payments Council will be chaired by Ravi Menon, Managing Director, MAS.

The setting up of the Payments Council is part of a series of initiatives MAS is taking towards realising the vision of an e-payments society in Singapore.