March 26, 2012 by Terence LEE
All gloves are off in the battle for mobile payment dominance in Asia.
In one corner is mighty PayPal, which will launch its own mobile credit card reader called PayPal Here in Singapore later this year. It is already available in Hong Kong, Australia, US, and Canada.
In the other corner is underdog Swiff, a Singapore-based startup that launched its own mobile payment service last week.
Both companies’ service include credit-card swiping devices that can be attached to a mobile phone or tablet to allow merchants to collect payments without the need for costly POS machines. Read more