Non-bank financial institutions to get access to FAST, PayNow | Video
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Non-bank financial institutions to get access to FAST, PayNow | Video(Updated: )
From February next year, eligible non-bank financial institutions will have direct access to retail payment services like Fast and Secure Transfers (FAST) and PayNow. This will allow users to make real-time funds transfers between bank accounts and e-wallets, as well as across different e-wallets, said the Monetary Authority of Singapore (MAS) in a media release on Monday (Nov 30).