, Singapore
805 views
Photo from YouTrip

YouTrip introduces new stock and flow limits for improved digital wallet experience

Users can enjoy a wallet limit of S$20,000 and an annual spending limit of S$100,000.

YouTrip has upgraded its digital wallet platform with increased stock and flow cap limits for its digital wallet, and new security enhancements.

Users can load up to S$20,000 in their wallets, and enjoy an annual spending limit of S$100,000. This is a significant increase from previous caps of S$5,000 and S$30,000, respectively.

With this improvement, YouTrip becomes the first payment application to raise its amount limits, all to offer greater convenience and smoother payment experience for users.

Additionally, YouTrip has also introduced new anti-scam measures and protective features to shield users from fraudulent online activities. Among them include a dedicated fraud reporting email with 24/7 customer service, a kill switch activation, a 12-hours cooling-off period for prevention from unauthorised access, a strengthened authentication process, and a S$1,000 transaction limit.

ALSO READ: Kasikornbank, YouTrip ramp up online payment security with 3DS 2.0

With these features, users can monitor any of their account’s activities and report fraudulent transactions ahead of perpetrators.

“Now with the enhanced limits, it addresses a key pain point for our users who were previously curtailed by the lower caps. This revision to the wallet limits is a game-changer, allowing us to offer unparalleled convenience and open doors to a world of unhindered payment experience to our users,” Caecilia Chu, CEO and Co-Founder of YouTrip, stated.

Promos and prizes await YouTrip users for the official launch of the enhanced wallet limits.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.