Payment systems

Negligent Malaysian e-wallet providers must compensate scam victims within 7 working days: Anwar

Under the framework, victims may also seek independent review through the Financial Market Ombudsman Service if they disagree with a bank’s decision.

PayNow users to get unified QR payment experience with proposed upgrades

A unified payment experience for local users and tourists using PayNow and the NETS QR code is in the works.

AirAsia is missing payments to some suppliers as fuel costs bite

AirAsia has also asked some plane-leasing firms to push back rental payments on more than 16 aircraft.

Buy-now-pay-later for $4 bubble tea highlights Thailand’s household debt risk

The rapid spread of buy-now-pay-later installment plans — even for low-cost items like 106-baht (S$4) bubble tea - has caught the attention of Thailand’s central bank chief.

No transaction fees and third-party apps: S’pore travellers cheer expanded payment options in China

DBS Bank's new feature allows non-Chinese users to remit funds directly from their bank account to their WeChat Pay e-wallet - allowing them to pay without incurring additional fees.

In Good Company

For MetaComp’s Bo Bai, ‘Know Your Agent’ is the mantra in the age of agentic AI

Dr Bo Bai is CEO, executive chairman and chief product officer of MetaComp.

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.

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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.