
Sheng Siong suspends and reinstates PayNow cash withdrawal service amid money laundering scheme
Sheng Siong Suspends and Reinstates PayNow Cash Withdrawal Service Sheng Siong, a popular supermarket chain in Singapore, temporarily suspended its PayNow cash withdrawal service due to concerns of it being exploited for money laundering. The decision to halt the service was made on 19 June following reports of criminals using the platform for illicit activities….