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Chocolate Finance Resumes Withdrawals, Raises Debit Card Spending Cap to S$1,000

Fintech News

The company is working to process withdrawals in line with its standard redemption timeline of three to six business days. The report said the firm also raised the spending cap on its Chocolate Visa debit card to S$1,000, up from the S$250 limit imposed on 11 March 2025, to manage what it referred to as its liquidity programme.

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What You Need to Know about Singapore’s Upcoming Shared Responsibility Framework

Fintech News

The SRF’s liability provisions do not extend to transactions involving credit cards, charge cards, or debit cards issued in Singapore. Investigation Stage: FIs lead the investigation, coordinating with telcos if SMS-based scams are involved.

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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

For businesses, a fast and seamless payment process means happy customersand the statistics show it. Digital wallets accounted for 50% of eCommerce purchases , while debit cards raked up 12% of total transactions last year. EFT comes in many forms that suit different business needs. No cash or checks needed.

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PNC Bank Launches PNC Mobile Accept®, A New Pay-As-You-Go Payment Processing Solution for Micro Businesses

Fintech Finance

PNC Bank announced the launch of PNC Mobile Accept ® , a fully integrated payment solution that provides its micro business clients with the ability to accept in-person credit and debit card payments directly within the PNC Mobile app.

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Credit Card Processing for Small Business: Everything You Need to Know

Stax

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. Step 2: Set up a merchant account A merchant account is a specialized account used to hold customer funds temporarily before it is sent to your business bank account.

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HSBC Bolsters Cross-Border Payment Capabilities in Partnership With Dandelion

The Fintech Times

.” Send like a local HSBC’s ‘Global Money Transfers’ offering looks to enable customers to ‘Send Like a Local’ with same-day or next-business-day delivery to most destinations through its mobile banking app.

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The Complete Guide to Merchant Services for Small Business Owners

Stax

It lets you handle multiple channels, including credit cards, debit cards, mobile wallets, checks, and gift cards, without juggling different systems. Merchant service accounts and how they work Merchant service providers assess your credit history, business type, and expected transaction volume during application.