SingTel, Stanchart launch mobile money service

SINGAPORE: Singapore Telecommunications (SingTel) and Standard Chartered (StanChart) have jumped on the mobile money bandwagon on Tuesday (June 3) with a joint service that lets customers pay friends and merchants with funds stored on their phones via an app. Called Dash, the service will allow smartphone users to make payments at around 20,000 acceptance points in Singapore by the end of this year, including retail outlets, convenience stores and taxis.

http://www.channelnewsasia.com/news/technology/singtel-stanchart-launch/1134790.html