Category: Security
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PayNow Nicknames Are Going Away. Here’s What Singapore Sellers Need to Know
A recent announcement that might affect sellers: From 6 June 2026, the PayNow nickname feature is being discontinued. The Association of Banks in Singapore (ABS) announced the change on 29 April 2026, and it kicks in automatically. No buttons to click, no settings to update. If your PayNow is registered to a UEN (Unique Entity…
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What a Condominium Fraud Case Can Teach E-commerce Sellers About Safer PayNow Payments
Mothership.sg recently reported that a condominium property manager embezzled funds 69 times by diverting payments into his personal account. And the way that it was done was through PayNow. For sellers, there is a valuable lesson here. You see, the payments above were sent via PayNow that was linked to a personal mobile number. Accepting payments via PayNow to…
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8 Dangerous PayNow Scams That Could Put You Out of Business
Linda’s online store for fancy Japanese stationery was up and running. She was getting about 7 orders a day, and everything was running smoothly. But among the steady flow of orders, a customer message came in. “Hi I already ordered and paid using credit card. But I overpaid by SGD70. Can you refund that amount…