09 Aug '12, 1am

Starhub Q2 2012 Results–Mobile Payment the next growth area?

Starhub Q2 2012 Results–Mobile Payment the next growth area?

StarHub’s SmartWallet will allow its mobile customers to enjoy the convenience of using three contactless payment cards on an NFC enabled smartphone – DBS One.Tap, NFC ez-link purse and NFC FEVO Pre-paid MasterCard. SmartWallet will offer users a virtual DBS MasterCard PayPassTM card called One.Tap. With just one tap of the smartphone, customers can pay for goods or services quickly and securely at more than 20,000 DBS and MasterCard PayPass merchant partners in Singapore. Existing DBS cardmembers can apply for One.Tap at any time through DBS Internet or mobile banking. “DBS regards the mobile platform as an important customer touchpoint. The introduction of more highly sophisticated NFC enabled smartphones will make it easier for our customers to adopt this new technology. As Singapore’s leading bank with over four million customers and more than one million downloads for...

Full article: http://www.investmentmoats.com/money-management/high-yiel...

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