Mobile wallet operators roll out time-saving measures to lure customers

A patron using SGQR to pay at a food stall. McKinsey consultants said in May that seven in 10 Singaporeans use a digital wallet and transaction volumes are growing daily.
A patron using SGQR to pay at a food stall. McKinsey consultants said in May that seven in 10 Singaporeans use a digital wallet and transaction volumes are growing daily.PHOTO: SHIN MIN DAILY NEWS
A patron using SGQR to pay at a food stall. McKinsey consultants said in May that seven in 10 Singaporeans use a digital wallet and transaction volumes are growing daily.
FAVE MANAGING DIRECTOR NG AIK-PHONG.

Firms have rolled out measures to save time, ensure retailers are able to process payments

Every second counts for the customer standing in a slow-moving line waiting to pay.

That is the belief mobile wallet operators here operate on as they strive to shave off the seconds it takes for their users to load their apps and to complete transactions.

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A version of this article appeared in the print edition of The Straits Times on July 08, 2019, with the headline 'Race to be operator with fastest mobile wallet'. Print Edition | Subscribe