Finance

UnionPay International launched the DBS UnionPay Platinum Debit Card, its first debit card with DBS Bank and sign ups begin 3 June 2016.

Singapore’s first Apple Pay enabled vending machine is now available at ION Orchard Basement 1 till 30 May 2016.

American Express has enhanced the benefits as well as improved mileage earn rates for its four Singapore Airlines KrisFlyer credit card products.

AXA Shield will be launched on 1 May 2016. The Medisave-approved Integrated Shield Plan will offer the longest post-hospitalisation coverage in the market.

EZ-Link Pte Ltd and local telcos M1, Singtel and StarHub have launched NFC transit SIM to pay for public transport with a tap of NFC mobile phones.

UnionPay has become the third-largest international bank card brand by its issued card base with more than 16 million UnionPay Cards issued to date in Hong Kong.

Visa payWave, the payment brand’s contactless payment, has exceeded two million in July 2014 in Singapore which is equivalent to 21.5% of all Visa face-to-face transactions