M1, Safra among big retailers with payments disrupted due to Wirecard's exit
TELCO M1 and Safra are among some of Wirecard's former merchants experiencing disruptions to their payment services following the cessation of Wirecard's services in Singapore last week.
In an e-mail to customers on Friday seen by The Business Times, M1 said its monthly recurring payment mode is temporarily unavailable as its payment processing partner, Wirecard, has stopped operating here.
In the meantime, customers can pay their bills via the AXS option on their My M1 mobile app. "We're working on it and will update you once your recurring payment arrangement is back," said M1.
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
Startups
OpenAI co-founder Ilya Sutskever departs ChatGPT maker
Sea posts US$23 million Q1 loss, but investors cheer Shopee’s record revenue
Uber to buy Delivery Hero’s Taiwan business for US$950 million
SoftBank sells off Vision Fund assets as Son pivots to AI, chips
Battery swapping faces uphill climb in Singapore’s EV market
Mirxes posts US$58 million operating loss, US$24 million revenue