M1 launches DBS One.Tap virtual credit card on an NFC enabled mobile phone. With DBS One.Tap, M1 customers can benefit by making mobile payments with just a tap of their NFC-enabled phones at over 30,000 MasterCard Paypass acceptance points islandwide.
Here is the Press Release.
M1 launches DBS One.Tap
Virtual credit card that allows payment with just a tap of your phone
SINGAPORE, 28 March 2013 – M1 Limited (M1), together with DBS Bank, today announced the launch of DBS One.Tap – Singapore’s first virtual credit card on a Near Field Communications-enabled (NFC) mobile phone.
Customers who have the M1 NFC service and DBS/POSB credit card will be able to activate DBS One.Tap, and enjoy the simplicity and convenience of making secured purchases and payments on the go.
With DBS One.Tap, M1 customers will enjoy the freedom and benefits in making mobile payments, with just a tap of their NFC-enabled phones at over 30,000 MasterCard® Paypass™ acceptance points islandwide.
The DBS One.Tap is the latest addition to M1’s growing suite of NFC services that were first launched in August 2012.
To activate the service, existing M1 NFC and DBS/POSB credit card customers may apply for DBS One.Tap through DBS/POSB iBanking or mBanking, and once approved, download the virtual card via the M1 Mobile Wallet App.
For more information on the DBS One.Tap and NFC services from M1, please visit www.m1.com.sg/nfc.
M1 is Singapore’s most vibrant and dynamic communications company, providing mobile and fixed services to over 2 million customers. Established in 1997, M1 achieved many firsts, including the first operator to offer nationwide 4G service, as well as ultra high-speed fixed broadband, fixed voice and other services on the Next Generation Nationwide Broadband Network (NGNBN). With a continual focus on network quality, customer service, value and innovation, M1 links anyone and anything; anytime, anywhere. For more information, visit www.m1.com.sg.