, Singapore
1567 views
Photo courtesy of David Dvoracek.

FavePay teams up with Google Pay to offer cashback to Singapore users

Google Pay users can get up to a 20% cashback when they pay through SGQR.

The payment app, Fave, has partnered with Google Pay to offer up to a 20% cashback when they use FavePay SGQR to pay.

Under the partnership, Fave merchants will be able to connect with Google Pay users via the FavePay SGQR and extend loyalty cashback to more customers, reconcile them under one FaveBiz platform along with Fave, DBS PayLah!, and Singtel Dash's digital payment platforms. 

“As for our merchants, this partnership helps them capture new businesses while retaining customers as we brave through the uncertainties of the retail landscape together,” said Ng Aik-Phong, regional managing director of Fave Singapore and Malaysia. 

Fave’s study found that merchant cashback loyalty has been proven to deliver a positive return on investment. On average, for every S$1 issued in cashback, customers return and spend S$9 again at the same merchant, increasing the customer retention rate and average order value, Fave found.

Google Pay users can now earn up to S$3 for each of their first three FavePay transactions when they use Google Pay to scan SGQR (PayNow QR or FaveQR) to pay a merchant.

Follow the link s for more news on

Pembekuan pendanaan menghantam penyedia layanan BNPL

Investor semakin sedikit mengalirkan dana ke penyedia layanan BNPL yang sudah menghadapi keuntungan margin yang tipis.

HSBC: Aliansi bank-fintech merupakan win-win

Pemberi pinjaman dapat belajar dari teknologi disruptif sambil membantu mereka mematuhi regulasi.

Tokenisasi aset perdagangan untuk menjembatani kesenjangan pembiayaan

Teknologi blockchain dapat mendesentralisasikan operasi keuangan dan mempermudah akses kredit.

BCA menjalankan komitmen terhadap keuangan berkelanjutan

Bank asal Indonesia ini mempertimbangkan aspek lingkungan dan tata kelola dalam keputusan pemberian pinjaman.

Mengapa UNOBank mendorong embedded finance tumbuh di Filipina

Bagi UNOBank, banking interface terpadu adalah strategi pertumbuhan sekaligus upaya inklusi keuangan.

OCBC mencoba mengurangi kesenjangan manfaat bagi agen properti di Singapura

Produk terbarunya menawarkan manfaat finansial di bidang perbankan, asuransi, dan perdagangan.

Upaya Malaysia menjadi anggota BRICS untuk mendorong perombakan sistem perbankan

Namun, tantangan muncul ketika menjauh dari ketergantungan pada AS dan SWIFT.

Platform pembayaran PingPong memperoleh lisensi PJP di Indonesia

PingPong mengincar ekspansi ke pasar ekspor senilai $320 miliar di negara tersebut.

Merger dan penutupan mengancam 3.800 bank di area pedesaan Cina

Sekitar 70 bank di area tersebut telah merger sejak 2023.