Singtel beefs up e-wallet with remittance service to Myanmar

Slowing growth in telecom services puts focus on diversification

20190108 singtel

Over the past decade, Singapore’s largest telecom service provider has diversified into areas such as mobile wallets, cybersecurity and digital advertising. © Reuters

SINGAPORE (Nikkei Markets) -- Singapore Telecommunications is extending its mobile wallet service to allow remittances to Myanmar as it pushes deeper into the e-payments market in search of new growth areas.

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