Singapore Telcom Debuts Mobile Payment in Japan
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Singtel launches its cross-border mobile payment capabilities in Japan, joining a handful of sectors outside of finance making a run at market share in the payments business.
Singtel’s VIA, cross-border mobile payment alliance in Asia, debuts first in Tokyo’s Haneda Airport before expanding to the rest of the city and beyond in popular tourist locations such as Osaka, Kyoto, and Hokkaido. NETTERS is the participating network enabling payments.
The VIA network enables tourists from Singapore (mobile wallet: Dash) and Thailand (mobile wallet: AIS Global Pay) to make payments in Japan using QR code in the local currency at a «competitive rate», the release said.
In Southeast Asia, digital payments are gaining widespread acceptance and fast replacing cash as the preferred transaction mode,» said Arthur Lang, CEO of Singtel’s International Group, adding that announcements of more wallets joining would be made in the coming months.
This is a big step in further bridging the digital economies of Japan and Southeast Asia, facilitating travel for our customers and connecting Japanese merchants to more consumers, he added.
Questions & Answers
Q.Which specific mobile payment service is Singtel introducing in Japan?
Which specific mobile payment service is Singtel introducing in Japan?
Singtel is introducing its VIA cross-border mobile payment alliance in Japan. This service will allow tourists from Singapore and Thailand to make payments using QR codes in local currency.
Q.Where will Singtel's new mobile payment service be available first in Japan?
Where will Singtel's new mobile payment service be available first in Japan?
The service will debut first in Tokyo’s Haneda Airport. It plans to expand to the rest of the city and popular tourist locations like Osaka, Kyoto, and Hokkaido afterwards.
Q.Which mobile wallets from Singapore and Thailand are supported by the VIA network for payments in Japan?
Which mobile wallets from Singapore and Thailand are supported by the VIA network for payments in Japan?
The VIA network enables payments for tourists using the Dash mobile wallet from Singapore and the AIS Global Pay mobile wallet from Thailand. Users can pay in Japan via QR code.
Q.What is the name of the network partner that enables these payments in Japan?
What is the name of the network partner that enables these payments in Japan?
NETTERS is the participating network that enables the payments for Singtel's VIA service in Japan. This allows tourists to use their mobile wallets for transactions.
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