Payment systems

From nicknames to masked names: How to know if you’re paying the right person on PayNow from June 6

From June 6, PayNow will show selected letters of recipients' official names instead of nicknames.

Forum: Sole objective of removing PayNow nicknames is to address impersonation scams

DBS announces new app feature to turn Android phones into contactless payment terminals

Merchants can access the new feature through the DBS MAX app.

Money transfer giant Wise sees shares sink on money laundering probe

Belgian prosecutors are in the advanced stages of an investigation into Wise, on suspicions criminals used its accounts for money laundering.

What PayNow’s alias removal really signals

The move to remove the alias option from PayNow won't just combat scams, it may also signal a shift towards a more auditable payments infrastructure.

Forum: Time to streamline EV charger payment systems

Forum: PayNow alias feature removal should balance usability and protection

No more nicknames: PayNow to end alias option for users from June

PayNow's decision to end the nickname feature for retail customers is meant to strengthen protection against impersonation scams.

MAS to work with banks to tighten GIRO safeguards following double-charging incidents

The review will consider measures including enabling customers to set monthly limits on the amount and number of transactions.

Singapore taps digital payments everywhere, but cash still lingers

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.