A Visa survey that was conducted in 2016 revealed that 8 out of 10 Singaporeans prefer using mobile payments in comparison to cash or physical cards. A total of 82% of the respondents were aware of mobile payments and 79% were likely to use these services, making Singapore a “mobile-first nation”.
There are several ways you can make contactless payments in Singapore if you own a credit card, debit card or even a prepaid card. Here’s how you can make contactless payments using your credit card and mobile phone:
Visa payWave is a contactless payment featured offered by the payment network Visa. It is a convenient and hassle-free way of making payments because it does not require a PIN or a signature to complete your transactions.
Visa payWave allows you to pay for purchases of up to S$100 using your card or even just your phone instead of carrying your card and wallet every time you step out of your home.
At the POS (point-of-sale) terminal, look for the Visa payWave or a contactless symbol. If you spot it, you can inform the cashier that you want to pay using Visa payWave. The cashier will then enter your purchase amount in the POS terminal and you can view the same on the contactless reader.
The blue light on the terminal will blink, after which you have to hold your card over the contactless reader (not more than 4cm away) to complete the transaction. First, a yellow light will appear which indicates that your transaction is being processed. When this light in on, do not remove your card from the reader.
After your transaction has been processed, a green light will appear. Now you can remove your card.
You can now pay for your purchases using just your phone if you have forgotten your card or wallet at home. Follow the steps given below:
You can make transactions up to S$100 using Visa payWave on your card or your mobile phone.
With the Mastercard PayPass you no longer have to swipe your card at any POS terminal to pay for your purchases. With this feature on Mastercard cards, you simply need to “Tap and Go”.
When checking out, look for the contactless symbol or the PayPass mark. Next, tap your card on the PayPass locator at the terminal. Make sure that your card is not more than 4cm away from the locator. Then wait for the green light to appear, indicating that your transaction is complete which will be followed by a beep. The beep indicates that the transaction has been successfully completed and you can now leave. There is no requirement for you to enter a PIN.
You can request for a receipt for your transaction if needed. Similar to Visa payWave, you can make transactions of up to S$100 using Mastercard PayPass.
Android Pay lets you pay for all purchases using your card when shopping at stores, online or through mobile apps. You can add any card to Android Pay including credit cards, debit cards, gift cards and loyalty cards.
Setting up Android Pay on your phone is very simple:
Making payments using Android Pay is extremely simple. First you need to see if there’s a contactless payment symbol or the Android Pay mark displayed during checkout. All you need to do is unlock your phone and hold it at the terminal when making the payment. There is no need for you to even open the app to complete your purchase using Android Pay.
Android Pay ensures safety of your card details when making payments. Your actual card details are never sent when making a transaction. Instead, a virtual account number is used to represent your card, so the actual card details are safe.
In the event that your phone is stolen or lost, you can instantly secure your card details using the Android Device Manager. This feature lets you lock your phone from anywhere, secure your phone by resetting your password or even wipe the personal data clean on your phone.
Samsung Pay can be used on a Samsung Galaxy device to make contactless payments either by swiping your card or by tapping it. Samsung Pay uses both, Near Field Communication (NFC) as well as Magnetic Secure Transmission (MST). Payment terminals that use the MST technology accept payments of any amount up to your credit limit, but, NFC terminals usually accept payments up to S$100.
Every transaction made using Samsung Pay will use a digital token which is encrypted to provide additional security.
Any Samsung device that is updated to Android Marshmallow (6.0.1) can be used to install and use Samsung Pay in the following manner:
Currently, you can use Samsung Pay to make payments using your phone with a Visa, Mastercard and American Express debit, credit and prepaid cards from the following banks:
Samsung rewards users of Samsung Pay with Rewards Points. Every transaction made using Samsung Pay will earn you 10 Rewards Points that can be accumulated and redeemed for gift vouchers or for prizes through the in-app games including Flip-a-Card and Spin-the-Wheel.
Apple Pay works on Apple devices used for in-store purchases, app purchases and online transactions (in Safari). You can make payments using Apple Pay on your iPhone or your Apple Watch with your debit and/or credit cards. Apple Pay can be used to complete transactions at terminals where the Apple Pay or contactless symbols are displayed.
Payments can be made online in Safari using your Touch ID on your iPhone, iPad, Mac or MacBook Pro.
Your actual card information will never be stored on your device or on the Apple servers. For every transaction made using your device, a device-specific number along with a unique transaction code will be generated. Also, the transactions made using Apple Pay ensures complete privacy because the transaction information will not be retained.
To use Apple Pay, all you need to do is add your participating card to your Wallet.
You must have an eligible device which includes the following:
You can use Apple Pay on multiple devices by adding your card to each device’s Apple Pay. You can do so by following these steps (for mobile use):
Visit Apple Pay Singapore to find out how to install and use Apple Pay for your Apple Watch and Mac.
Contactless payments are easy and convenient to use. Also, many credit cards in Singapore offer reward points, cashback and other perks on contactless payment transactions to encourage cashless modes of payments. Check the features and benefits of your card to know more about contactless payment features and benefits associated with them.