News about UOB Mighty.
September 14th, 2016
Customers of Singapore’s United Overseas Bank (UOB) will soon be able to withdraw cash from ATMs with a tap of their NFC mobile phone and get instant digital credit card issuance straight to their smartphones…
May 30th, 2016
Singapore’s United Overseas Bank (UOB) will lift the S$100 (US$73) contactless transaction limit for NFC mobile payments at all of its point-of-sale terminals by the end of next year. “The limit has been removed at 2,000 of its 10,000 terminals so far,” UOB says. “With the removal of the limit, mobile contactless payments made at UOB terminals through Apple Pay or UOB Mighty Pay for Android phones will have no limit other than the customer’s own credit or debit card limit.” The bank launched its host card emulation (HCE) based UOB Mighty Pay service in November 2015.
December 14th, 2015
Visa has announced that the host card emulation (HCE) based mobile payments service launched by United Overseas Bank (UOB) in November is the first in Asia Pacific to make use of the Visa Token Service. “UOB has implemented the Visa Token Service as part of its digital wallet UOB Mighty,” Visa says. The service lets customers in Singapore make mobile payments for transactions of any value at all Visa PayWave or MasterPass terminals.
November 24th, 2015
Customers of United Overseas Bank (UOB) in Singapore can now make host card emulation (HCE) based mobile payments for transactions of any value at all Visa PayWave or MasterPass terminals. The new service also makes use of tokenization.