SINGAPORE — As international travel bounces back from COVID-19, Singapore’s YouTrip mobile wallet app is finding growth among consumers looking to make the most out of shifting exchange rates.
YouTrip allows its users to put up to 5,000 Singapore dollars ($3,730) on its travel wallet, which can be used to pay at merchants around the world that accept MasterCard. The app is operated by You Technologies Group, founded in 2018 by Hong Kong-based entrepreneurs, and generates income from a cut of merchant fees.
