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UOB sees swift adoption of Apple Pay (Amended)

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Contactless transactions are still small in value, including purchases at supermarkets and convenience stores, UOB data showed.

Singapore

UOB, which has the most number of credit and debit Visa-cards in circulation in Singapore, expects mobile contactless transactions to account for 10 per cent of all its card billings by 2020, on the back of swift adoption of Apple Pay and as Singapore is likely to move towards