A day later, ride hailing app maker Grab announced that users could use its payment service GrabPay to transfer credit via a phone number or QR code. The ride-hailing company will open up the service to other merchants in the fourth quarter of this year. Users may be able to earn Grab points when using the service, which can be used to redeem discounted Grab rides.
(Sept 18): Since Prime Minister Lee Hsien Loong addressed the issue of e-payments in his National Day Rally, new solutions have been raining down.
On Aug 29, a payments council established by the Monetary Authority of Singapore agreed to establish an industry taskforce to develop a common quick response (QR) code for payments.
