Singtel has launched an updated version of its mobile payment app, Dash. It has also released a new SIM card that permits users to pay for bus and train rides via tapping their phone.
The new version of the app will allow users to pay for retail purchases, taxi and bus rides and online transactions with their phones.
Previously, the app was only compatible with a Standard Chartered bank account. With the new update, users are now able to link and top up their accounts with five banks – CitiBank, DBS, OCBC, POSB and United Overseas Bank – using a credit or debit card linked to the app, for a fee of 25 to 90 cents.
The new update also allows users to send money to other account owners and also permits transfers to four countries: India, China, Indonesia and the Philippines. Payees with accounts in partnered banks will receive money instantly, or it can be claimed via remittance apps, such as the Philippines' GCash.
The new NFC SIM card, launched on Tuesday, provides a similar service to an ez-link card on buses and trains. Currently, only NFU-compatible Android phones, including 19 phone models from makers LG, Samsung and Sony, allow users to do so.
Singtel vice-president of mCommerce Gan Siok Hoon stated that "Since the launch of Dash two years ago, we have continued to evolve and enhance our service." Gan believes that these new updates will "drive even greater adoption of Dash going forward."
There are currently more than 20,000 acceptance points for Dash and the app has had more than 100,000 downloads on the Google Play Store.