Cross-border transfer services not deterred by recent PayNow tie-ups

SINGAPORE – The recent tie-ups between Singapore’s PayNow service and similar systems in Thailand and India is set to bring more competition to the cross-border payments scene.

That prospect does not seem to daunt existing players in the sector, who told The Straits Times that they welcome the developments and are beefing up their operations amid surging demand.

Please subscribe or log in to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

Join ST’s Telegram channel here and get the latest breaking news delivered to you.

Source: Read Full Article