A list of NFC contactless mobile pa

A list of NFC contactless mobile payment systems have emerged in Singapore. We now see international giants like Samsung, Apple, Android offering their “Pay, Pay and Pay” apps (could someone create a ‘Don’t Pay’ app instead?) Local banks and telcos are also cashing in on the trend, and we can now use apps like UOB’s Mighty and Singtel’s Dash to pay, instead of using the traditional plastic credit/ debit cards or stored value cards.

As a tech geek whose faithful companion is his Samsung S7 Galaxy Edge, I would like to trim the fat off my wallet, chucking out unnecessary credit and stored valued cards, and instead e-carrying them on my smartphone. Heck, I would ditch my wallet if I could.

So when Samsung Pay appeared, could it finally be the day I say adios to my plastic cards and downsize to carrying my phone and a money clip?

I am a bank’s typical customer profile
Singapore has a total of 8m primary-holder credit cards in circulation, and 1.48m people earning above a monthly $2,500 wage eligible to be a primary card holder. This translates to an average of 5.4 credit cards that a primary card holder has.

As a Singaporean reaching his 40s, I fall under the “family” category, who has a household and uses credit cards to pay for necessities like groceries, petrol, education and medical expenses for the family. We also use credit cards to pay for shopping, online shopping, dining and travel.

Sounds like a prime candidate for banks and mobile payment systems? They love when people like me use a credit card to pay a puny $2 for a bunch of bananas at the supermarket.

In reality, the banks hate me.

Why? Because I also fall under the “uncle and auntie” category, where I religiously read in detail about which credit cards award me with the largest rebates. I proudly calculate and see myself earning back the 2-3 percent, where banks earn an average of 1.8 percent transaction fee on traditional retail POS systems. I also ensure I have loyalty cards to earn further rebates to get the most bang for my buck.

Consumers are getting smarter, and are more selective in the way they spend. Like me, they will likely have multiple credit cards from various banks to achieve the best yield of rebates and cashbacks.

It ain’t easy integrating banks and card associations
This means that any mobile payment system should have as many card-issuers on board their platform. I have consolidated my spending into three credit cards from three different banks.
For simplicity’s sake, the OCBC 365 card is used for petrol, groceries, dining and medical expenses. The Citi Rewards card is for clothes and shopping at departmental stores, and the UOB Prvimiles is for everything else to collect air miles. The Passion and Plus! Cards are the membership cards of two major local supermarket chains in Singapore, and offer rebates when used at the respective chains. The Passion card also acts as a stored value card for public transport.

So it was to my dismay that Samsung Pay or Android Pay were unable to integrate all my credit cards. The bugbear usually comes from one bank, UOB, which seems to struggle to integrate with Samsung Pay and Android Pay. (At the time of publication, UOB credit cards cannot be linked to Samsung Pay and UOB Mastercards cannot be linked to Android Pay.)

So I have to rely on two systems for now, Samsung Pay to handle my OCBC and Citibank card, and UOB’s own UOB Mighty App for contactless payments with my UOB card.

It sounds cumbersome, but I was excited to try out the futuristic way of using a smartphone to pay! It was relatively easy to add the three credit cards to Samsung Pay and UOB Mighty respectively. I even simulated the process of how to activate the smartphone to get ready for payment, thinking that if I practiced it enough, it would become second nature and I will be able to do it quickly. So off we went shopping.

結果 (繁體中文) 1:

在新加坡出現了 NFC 非接觸式移動支付系統的清單。我們現在看到國際巨頭像三星，蘋果，安卓系統提供他們"支付，支付並支付"的應用程式 （可能有人創建一個 '不支付' 應用程式相反嗎？）本地銀行和電信公司也混水摸魚的趨勢，我們可以使用應用程式現在大華銀行的強大和新加坡電信的破折號來支付，而不是使用傳統的信用卡 / 轉帳卡或儲值卡。作為一個科技怪胎的忠實伴侶是他三星 S7 星系邊緣，我想關閉我的錢包，丟棄不必要的信貸和儲值的卡，而 e-扛在我的智慧手機上的肥肉。見鬼，我將拋棄我的錢包如果我能。三星薪酬出現時，最後可能一天我說再見到我的塑膠卡，縮小為攜帶我的手機和錢夾子？我是一家銀行的典型客戶設定檔新加坡共有 8 m 小學持有信用卡迴圈，和 1.48 萬人收入高於 $2,500 月薪資格主卡持有人。這相當於平均 5.4 主卡持有人擁有的信用卡。身為達到他 40 多歲的新加坡，墜入"家人"類別下，擁有一個家庭和使用信用卡來支付必需品如食品雜貨、 汽油、 教育和醫療費用的家庭。我們還使用信用卡支付購物、 線上購物、 餐飲和旅遊。Sounds like a prime candidate for banks and mobile payment systems? They love when people like me use a credit card to pay a puny $2 for a bunch of bananas at the supermarket.In reality, the banks hate me.Why? Because I also fall under the “uncle and auntie” category, where I religiously read in detail about which credit cards award me with the largest rebates. I proudly calculate and see myself earning back the 2-3 percent, where banks earn an average of 1.8 percent transaction fee on traditional retail POS systems. I also ensure I have loyalty cards to earn further rebates to get the most bang for my buck.Consumers are getting smarter, and are more selective in the way they spend. Like me, they will likely have multiple credit cards from various banks to achieve the best yield of rebates and cashbacks.It ain’t easy integrating banks and card associationsThis means that any mobile payment system should have as many card-issuers on board their platform. I have consolidated my spending into three credit cards from three different banks.For simplicity’s sake, the OCBC 365 card is used for petrol, groceries, dining and medical expenses. The Citi Rewards card is for clothes and shopping at departmental stores, and the UOB Prvimiles is for everything else to collect air miles. The Passion and Plus! Cards are the membership cards of two major local supermarket chains in Singapore, and offer rebates when used at the respective chains. The Passion card also acts as a stored value card for public transport.So it was to my dismay that Samsung Pay or Android Pay were unable to integrate all my credit cards. The bugbear usually comes from one bank, UOB, which seems to struggle to integrate with Samsung Pay and Android Pay. (At the time of publication, UOB credit cards cannot be linked to Samsung Pay and UOB Mastercards cannot be linked to Android Pay.)So I have to rely on two systems for now, Samsung Pay to handle my OCBC and Citibank card, and UOB’s own UOB Mighty App for contactless payments with my UOB card.It sounds cumbersome, but I was excited to try out the futuristic way of using a smartphone to pay! It was relatively easy to add the three credit cards to Samsung Pay and UOB Mighty respectively. I even simulated the process of how to activate the smartphone to get ready for payment, thinking that if I practiced it enough, it would become second nature and I will be able to do it quickly. So off we went shopping.

結果 (繁體中文) 3:

一個清單的NFC非接觸式移動支付系統已經出現在新加坡。我們現在看到的國際巨頭，如三星，蘋果，安卓提供他們的“支付，支付和支付”應用程序（可以有人創建一個"不支付"的應用程序，而不是嗎？）當地的銀行和電信運營商也在利用這種趨勢，我們現在可以使用應用程序像大華的强大和新加坡電信的短跑的支付，而不是使用傳統的塑膠信用卡/借記卡或儲值卡。作為一個科技狂人的忠實伴侶是他的三星S7銀河的邊緣，我想减肥了我的錢包，拋弃不必要的信用卡和儲值卡，而他們在我的智能手機e-carrying。見鬼，如果我能的話，我會把我的錢包扔掉。所以當三星一如既往的出現，可能最終會有一天我說再見我的塑膠卡和縮小到拿著我的手機和錢夾子？我是一家銀行的典型的客戶簡介新加坡共有8原持有人信用卡流通，148萬人，收入超過每月2500美元的薪水可以主卡持有人。這意味著一個主卡持有人有5.4信用卡的平均水準。作為一個新加坡達到了40多歲的時候，我落下的“家庭”的範疇下，誰擁有一個家庭並使用信用卡支付的汽油、食品等必需品，為家庭教育和醫療支出。我們還使用信用卡支付購物，網上購物，餐飲和旅遊。聽起來像是銀行和移動支付系統的主要候選？他們的愛，像我這樣的人使用信用卡支付微不足道的2美元在量販店一串香蕉。在現實中，銀行恨我。為什麼？因為我也屬於“叔叔阿姨”類別下，我虔誠地閱讀了關於信用卡獎我最大的折扣。我自豪地計算和看到自己賺回的2-3個百分點，銀行賺取百分之1.8的交易費平均在傳統零售POS系統。我也確保我有忠誠卡，以賺取更多的回扣，以獲得最爆炸的我的責任。消費者變得越來越聰明，他們花錢的管道更有選擇性。像我這樣的人，他們可能會有多張信用卡不同銀行實現退稅和cashbacks最佳產量。綜合銀行卡和信用卡協會是不容易的這意味著任何移動支付系統都應該有多個髮卡機构在他們的平臺上。我已將我的支出從三家銀行合併成三張信用卡。為了簡單起見，華僑銀行365卡用於汽油、食品、餐飲、醫療費用。花旗的獎勵卡是衣服，在百貨公司購物，和大華prvimiles是一切收集的空氣裏。激情和加！卡是在新加坡的兩個主要的當地連鎖超市的會員卡，並提供回扣時，在各自的連鎖店。激情卡也作為公共交通的存儲價值卡。囙此，讓我沮喪的是，三星支付或安卓的支付無法綜合我所有的信用卡。怪物通常來自銀行、大華銀行，這似乎難以綜合三星和Android支付支付。（在發表的時間，大華銀行信用卡無法聯系到三星和大華銀行萬事達卡支付無法與Android支付。）所以我必須依靠兩系統現在，三星支付處理我的華僑銀行和花旗銀行卡，和大華的大華强大的應用程序的非接觸式支付我的銀行卡。這聽起來很麻煩，但我很高興嘗試使用一個智能手機支付未來的管道！這是比較容易添加三張信用卡付給三星和大華强大的分別。我甚至類比了如何啟動智能手機，以支付準備的過程中，我認為，如果我實踐了足够的，它將成為第二天性，我將能够迅速做它。所以，我們去購物。