The Power To Pay With Your Phone With DBS one.tap

Have you ever wondered how amazing it will be to pay for all your daily transactions using just your mobile phone? You will be surprised how close we are to this dream. I just chanced upon this post event video share by a friend that’s out to create awareness of this latest technology.

Apparently, DBS crafted out this Tap & Win Red Carpet Contest at Shaw Lido Orchard to generate hype on how it has created another first in banking using Near Field Communications (NFC) Technology! In a nutshell, NFC is a short-range wireless communication technology that transmit data between a mobile device and a reader. During the event, curious passers-by stopped over their NFC booth, tapped their NFC enabled smartphones (SamSung Galaxy S3, Sony Xperia) and won instant mobile coupons such as free movie tickets, IMAX tickets and MovieBites Combo!

Many of us will agree that we practically cannot live without our smartphones. DBS is quick to catch this mobile trend and strive to empower our  mobile banking capabilities further by introducing Singapore’s first virtual credit card. This brand new payment mode that literally means that you can now throw your bulky wallet or card holder out of the window. You are good to go anywhere with just your smartphone!

With DBS one.tap, we can now tap and pay for retail purchases or taxi fares with our smartphones islandwide at 30,000 participating merchants. They include popular merchants such as Watsons, PastaMania, Shaw Theatres, G2000, Popeyes Louisiana Kitchen, Comfort & CityCab and more!   How they can get mobile coupons on their phone. What’s more, mobile coupons are made available for instantaneous redemption by simply attaching the mobile coupon on your smartphone before you pay!

Watch the video to find out more about what you can do with DBS one.tap in the next few months!

This new payment service is made possible through a collaboration between DBS, MasterCard, StarHub and EZ Link, to provide customers a secure way of payment through the digital wallet app called “SmartWallet”. You don’t have to worry about security as each transaction is protected by international standards approved by Mastercard, Visa and EZ-Link. Plus, you lock your SmartWallet App with a 6-digit passcode.

To find out more or sign up for DBS one.tap, please click here.

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