ICBC
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soCash, the Singapore-headquartered start-up which converts shops into virtual ATMs announced that it has tied-up a partnership with ICBC Singapore (Industrial and Commercial Bank of China, Singapore Branch). Through this new partnership, soCash will extend its services to all ICBC customers in Singapore and enable them to perform basic banking services like cash withdrawal from…
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Gone are the days where cash was king in China. According to China Tech Insights’ report last year, 74 per cent of Chinese consumers said they could live for more than a month with only 100 RMB (which is less than US$15) in cash. To address this growing hunger for a swift and convenient payments, ICBC, the…
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