Supporting a monopoly wouldn't be a good idea. Why only We Chat and Alipay ? Consumers suffer when any product or service is monopolized.
In Singapore we do have e-payments, but too many schemes & systems - inconvenient for consumers and costly for businesses. #ndrsgpic.twitter.com/GRXwWJIkeW
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It wa s about each one with a different terminal & integrating thosepic.twitter.com/HQhar8xPua
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Say the word and I'll have the epayment system rolled out nationwide in 18 months. For Singaporeans. By Singaporeans ;)
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Happy to do our part too! Cc
@thecarousell - Show replies
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1/ Create a payments licence separated from banking license with less restrictions for startups, similar to what the UK GOV did recently.
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2/ Stop favouring the current bank ogliopoly and incentivize new entrants to come in without their involvement.
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I have a very particular set of skills, maybe I can help Singaporeans <3 . Good fortune to you and your family mister Loong
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We have a lot good services in Singapore- http://www.ipaymy.com is one of useful companies for business:easy,helpful and not really costly
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Dear Mr Lee! WAAVE a startup in Singapore and we are the Leading Ordering and Payment app in Singapore! Hope to let you know more bout us!:)
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And not forgetting setting up the necessary infrastructure before rolling out such nationwide initiative.
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