Pay Now system more than doubles its turnover

10:55 - 13.12.2021

December 13, Fineko/abc.az. The turnover of fast payment system Pay Now, which unites the main banks of Singapore, has grown almost by 2.5 times in the first 10 months of 2021 (against Jan-Oct 2020).

ABC.AZ informs that over Jan-Oct 2021 the transactions for more than 64 billion Singapore dollars ($46.8 bn) were carried out.

For comparison, for the same period of 2020 the transactions amounted to 25 bn Singapore dollars ($18.3 bn).

The turnover includes transactions performed by individuals and legal entities.

By Elmir Murad