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Contact-free digital funds see huge soar with Covid-19, Economic system Information & High Tales

Contact-free digital funds see huge soar with Covid-19, Economic system Information & High Tales

SINGAPORE – Extra persons are turning to digital funds amid Covid-19, with the amount of PayNow transactions set to far surpass that of final 12 months.

It has already hit $64 billion in worth from January to October, properly up on the $25 billion recorded in the identical interval final 12 months, the Affiliation of Banks in Singapore (ABS) instructed The Straits Occasions. The quantities cowl each retail and company customers.

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