Google partners banks to streamline PayNow transfers
Google Pay app is first non-bank payments app to allow PayNow transfers of funds for corporates and individuals
Singapore
GOOGLE has, in a tie-up with banks here, revamped its payments app to allow for real-time money transfers via the PayNow rails, tapping the surge in digital payments as Covid-19 restrictions limit physical contact.
This latest integration on the Google Pay app enables people in Singapore who have more than one bank account to streamline money transfers from different banks on one platform. It is the first non-bank payments app to offer PayNow transfers for corporates and individuals.
Singapore is the first in South-east Asia and second globally to offer this version of Google Pay, after In…
A NEWSLETTER FOR YOU
SGSME
Get updates on Singapore's SME community, along with profiles, news and tips.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
P&G raises annual core profit forecast on resilient demand, price hikes
Cordlife calls for trading halt after shares sink to all-time low, pending announcement
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom
Swiss watch exports plunge as China and Hong Kong demand dries up
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO