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Visa Singapore unveils new payment service

Aim is to cut the proportion of online transactions that are cancelled due to a cumbersome payment process, especially on mobile devices

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MasterCard Inc, the operator of the world's second-largest payments network, reported an 11.1 per cent rise in quarterly profit as purchase volumes rose.

Singapore

VISA Singapore on Wednesday launched a new payment service. This service aims to reduce the proportion of online transactions that are cancelled because of a cumbersome payment process, especially on mobile devices.

The payment service, Visa Checkout, cuts down the

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