SUBSCRIBERS

Banks look to Apple Pay as gamechanger

Despite slightly higher fees, they see the contactless payment scheme changing the way consumers spend and make payments

    Published Mon, May 25, 2015 · 09:50 PM

    Singapore

    IT'S a game of hypotheticals, but one worth considering when it involves technology giant Apple.

    Banks here are waiting on Apple Pay. If it comes to Singapore - now the second-most active contactless payment market in the world, according to Visa - Apple's contactless payment scheme would change the way consumers spend, and make payments.

    Copyright SPH Media. All rights reserved.