Singapore took a giant step towards becoming a cashless society today with the launch of SingTel mCash, the nation's first mobile money solution that is a convenient and secure alternative to cash.
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mCash enables users to make payments quickly and easily through their mobile phones, while on the move. It is available to subscribers of all mobile operators in Singapore. In the coming months, consumers will be able to pay for their daily necessities, such as transport, food and shopping, using funds stored in their virtual mCash account.
They will also be able to use mCash to shop online, purchase online game credits and pay bills. This mobile money solution will be the first of its kind in Singapore to enable customers to pay their friends and family instantly, making tasks such as splitting bills in restaurants and overseas remittances a breeze...
http://www.asiaone.com/News/
http://info.singtel.com/
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