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Non-Bank Financial Institutions to have Access to FAST and PayNow

SINGAPORE, 30 November 2020 – The Monetary Authority of Singapore (MAS) announced today that eligible non-bank financial institutions (NFIs) will have direct access to the banking system’s retail payments infrastructure from February 2021. NFIs that are licenced as major payment institutions under the Payment Services Act will be allowed to connect directly to Fast and Secure Transfers (FAST) [1] and PayNow [2] .

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About Liquid Group

Liquid Group is a leading QR payment services group headquartered in Singapore with a presence across the Asia-Pacific. It operates XNAP Network (www.xnap.network), an open API based QR payment acceptance network that enables the cross-border acceptance of bank and non-bank QR payment apps across multiple markets in the region. By spearheading the largest cross-border interoperability framework, Liquid Group is an industry leader in the creation of a more connected and robust mobile payment ecosystem for all.

November 30, 2020
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Liquid Group to Partner With Aplus to Open Up Japan Market for Cross-Border QR Payment

Liquid Group Pte. Ltd. (“Liquid Group”), a leading cross-border digital payments provider, and Aplus Co. Ltd. (“Aplus”), a leading payment and consumer credit company, today announced their partnership, which will enable cross-border QR payments for inbound transactions in Japan. Aplus becomes Liquid Group’s first XNAP acquirer in Japan, and XNAP digital wallets will be progressively accepted […]

A Global Payment Network - GLN Powers Its Digital Wallet Members to Liquid Group's Acquirers and Merchant Base

This partnership ensures that the most prominent payment wallets in South Korea, as well as other Asian countries, will be accepted by the merchants, initially in Singapore, and beyond the island in the future. Singapore, 18 November 2021 – GLN International Inc. (“GLN”), a global payment network that facilitates cross-border mobile payments for digital wallets […]

Redeem vouchers and earn points at one go with Changi Airport's new digital wallet Changi Pay

Up to $720 worth of vouchers await each user, and a more seamless shopping and dining experience at Changi Singapore, 28 October 2021 – To offer a more seamless and rewarding airport experience for visitors, and travellers in the longer-term, Changi Airport Group (CAG), in partnership with Liquid Group Pte Ltd, has launched its own […]

Liquid Group to Power UPI QR Acceptance in 10 Asian Markets

The partnership will ensure UPI QR transactions are accepted by merchants across Singapore, Malaysia, Thailand, Philippines, Vietnam, Cambodia, Hong Kong, Taiwan, South Korea, and Japan. Singapore/Mumbai, 13 September 2021: NPCI International Payments Ltd (NIPL), the international arm of National Payment Corporation of India, has partnered with Liquid Group Pte. Ltd. (Liquid Group), a leading cross […]

Liquid Group partners with Asia United Bank and enables PayNow and Thai QR in the Philippines.

SINGAPORE, 21 May 2021 – Liquid Group partners with Asia United Bank and enables PayNow and Thai QR in the Philippines. Travellers from Thailand and Singapore will be able to use their local mobile Apps to pay at more than 15,000 Paymate merchants within retail, food & beverages, electronics, supermarkets, services, entertainment, and attractions sectocrs. They will […]

LiquidPay offers PayNow services

SINGAPORE, 08 February 2021 – Users will now be able to top up their GrabPay, Liquid Pay and Singtel Dash e-wallets directly from their bank accounts and transfer funds between these e-wallets via instant fund transfer service PayNow. Most e-wallets had typically required users to top up their funds using debit or credit cards, and […]
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