Singtel’s Dash adds Visa virtual account to mobile wallet

By Digital News Asia July 21, 2017

New and existing Dash customers will automatically receive a Dash Visa Virtual Account
Singtel plans for Dash to be included in global wallets and enable QR code payments

Singtel’s Dash adds Visa virtual account to mobile wallet

SINGTEL is launching Singapore’s first virtual Visa account on its all-in-one mobile payments app, Dash. Starting July 21, new and existing Dash customers will automatically receive a Dash Visa Virtual Account that can be used for mobile payments at over 50,000 merchant points across the island.

To start paying on their mobile, customers can just sign in on the Dash app and top-up their Dash Visa accounts and start using them at Dash merchants and on local e-commerce sites such as Qoo10, Zalora and HungryGoWhere.

Customers with compatible NFC-enabled Android smartphones will also be able to pay using their Dash Visa accounts wherever Visa payWave is accepted, such as at popular merchants, Sheng Siong, Spinelli and Toastbox.

Singtel Consumer Singapore chief executive officer Yuen Kuan Moon says, “Just one year on from re-launch, we are pleased to expand our payments universe with Visa. We are always seeking new ways to enhance Dash’s functionality and convenience to stay relevant to our customers’ changing lifestyle habits.”

Visa Singapore & Brunei country manager Ooi Huey Tyng says, “Singaporeans are becoming more digitally engaged and smartphones have become an integral part of their lives. Based on research that we have conducted, two out of three Singaporeans have made a payment using their smartphones, and it is even more popular amongst millennials.”

Singtel also announced future plans for Dash to be included in global wallets such as Apple Pay, and enable QR code payments to expand into hawker centres.

In addition to Nanyang Polytechnic, Ngee Ann Polytechnic and Singapore Polytechnic, Dash is also working towards adding more educational institutions to its merchant list to widen its reach in the youth segment.

“Dash's goal is to deliver ubiquitous mobile payments for everyone in Singapore. With Dash Visa, customers can now enjoy paying with their mobile at more than 50,000 physical merchant points and also on e-commerce sites. We look forward to introducing more innovative enhancements that will add value to our customers' digital lives," says Yuen.

Dash is Singapore’s only all-in-one mobile payments solution that is available to everyone, regardless of telco relationship or device model.

It is the only mobile payments app that offers fast, secure and real-time local and international money transfers, supports in-store and online retail payments, as well as transit payments.

Customers can pay with Dash for their taxi, bus and train rides, and also at supermarkets, convenience stores and food courts.

Since its re-launch last year, Dash has boosted its customer base to over 500,000, with payments, remittance and transit transaction volumes more than doubling.