,Singapore

Daily Briefing: Visa approves Monaco prepaid card for Singaporeans; Grab starts mobile wallet service in Singapore

And here are three companies paying out dividends this week.

From Bloomberg via Yahoo! Finance:

Visa Inc has approved a prepaid card backed by the cryptocurrency Monaco as the world’s largest payments network continues its foray into digital currencies.

Monaco’s prepaid card has been approved for issuance to Singaporean residents, Visa spokeswoman Lea Cademenos said in an e-mail. Visa approved the programme through Monaco’s issuer, Wirecard AG.

Read more here.

From The Motley Fool:

There are a few firms that will be going ex-dividend on Friday, 3 November 2017. In other words, you need to own the companies before that day in order to receive their dividends. Let’s take a look at three such companies at random.

LTC Corporation is involved in steel trading, regional property development and management, and retail operations.

The firm is giving out 1.0 Singapore cent per share for the fourth quarter.

Read more here.

From Bloomberg Finance:

Grab, Southeast Asia’s largest ride-hailing app, is kicking off a new digital wallet service in Singapore as it stakes a claim to the region’s burgeoning mobile payments sector.

Starting Wednesday, Grab will enable its 4 million users in the city-state to scan a quick response, or QR, code to pay for local dishes such as chicken rice and prawn noodles at hawker stands around the country. Grab plans to increase the number of small merchants accepting GrabPay from 25 to 1,000 by the end of December.

Read more here.

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