Show Me The Money

Forgot your wallet? Just tap and pay with mobile payment apps.

Ever felt lugging around a wallet full of cash and credit cards troublesome? You are not alone! The worse thing that can happen is when you lose your wallet, and you have to call up every bank that you are on to cancel all the cards and issue replacement ones.

In the meantime, you will have to pay by cash, or borrow money from your friends until you get the replacement card. Today is the 21 st century, and life does not have to be this way anymore!

Mobile payment apps allow us use our mobile phones to pay, contactless. That means neither the app nor the store you are shopping at will gain any of your card information, as everything is transmitted via a transaction-specific dynamic security code. This makes it much safer than using traditional credit cards, where your card number is exposed for the world to see.

You can add as many credit or debit cards as you like in the app, and when the time comes for you to pay, just wave your mobile phone over a compatible transaction receiver and its done! Most of these apps will require a high-end phone like the iPhone 6 or Samsung Galaxy 6 for it to work, as it will need to be NFC enabled so it can transmit transactions.

Here are some popular mobile payment apps with its pros and cons:


Singtel M Wallet

This app is the most useful if you live in Singapore, as it is developed specifically for transactions in Singapore. You can add your credit cards in it, wave it over a MasterCard PayPass reader, and you are done with your purchase!


Convenient for people who live in Singapore.

MasterCard PayPass readers are everywhere in stores in Singapore, so you can use your phone to pay for virtually anything.

Top up your EZ-Link and Singtel Prepard Mobile Hi! Card.

Remit money to loved ones overseas.


You will need to sign up for a DBS One.Tap MasterCard first before you are able to pay with your phone at stores accepting MasterCard PayPass.

NFC-certified phones plus a Singtel NFC Sim Card will be needed for MasterCard PayPass store transactions to work.



This is an app based in Singapore that allows you to pay with your phone at over 20,000 locations island-wide, with no admin fee.


Many popular businesses you can pay with this app, like 7-Eleven, Watsons, Food Republic and Comfort Delgro and SMRT Taxis.

You just need to sign up for a Dash account, top up your account with your bank balance, tap on “Pay Business”, enter the counter code and account you want to pay them and you are done!

There are always Dash exclusive promotions.


The number of businesses you can pay through Dash is rather limited.


Loop Pay

This one is quite interesting, as you can use it to pay virtually anywhere in the world that accepts a magnetic stripe card. Imagine just waving the Loop Pay device over a normal credit card reader, press a button, and you can make your payment using any of your cards stored in your Loop Pay device.


Able to be used anywhere in the world with a magnetic card reader, not limited to just stores with the assigned reader.

You can also buy a Loop Pay phone case that has the device in it, so you literally only need to bring your phone out, no wallet needed!

Store your gift cards too, not only your credit cards.


Why must all the cool and useful inventions be only available in the US at the moment?


Apple Pay

Launched in 2014 amidst great anticipation, Apple Pay is created by Apple to allow for easy and fast transactions with its devices.


Use in iPhone, Apple Watch and iPads.

No need to open app to pay; just hold your iPhone near the contactless reader with your finger on Touch ID.

Fast way to pay for in-house Apple apps.


Only able to pay at stores with an Apple Pay enabled reader, does not work with normal credit card reader.

Only available in US and UK at the moment.

Compatible only with Apple devices, and selected ones.


Google Wallet

As Apple has its own payment gateway, Google, a tech giant, will also need to have its own too.


Fast payment at many online retailers using “Pay by Google” and Google Play Store Apps.

Works with any Credit or Debit Card.

Send money to anyone in the US with a Gmail address.

Use the Google Wallet Card to pay at stores or withdraw money from the Wallet at ATMs across the US.


Only available in the US.

Only compatible with Android phones.

Only NFC enabled phones are able to pay at stores.

Though mobile payment apps are convenient, they have still a long way to go in terms of usability and wide spread compatibility.



By Chan Shu Hui / November 30, 2015 17:10PM GMT+8


Disclaimer: The above images and trademarks are the sole and exclusive properties of their respective owners and are reproduced herein for the purpose of fair criticism and review.