A new service from Rednano will now allow consumers to know the best deals and prices - and right in their vicinity too.

Available through Rednano LOCATE, an award-winning location-based information service for mobile phones, it's new service Promo allows consumers to be alerted to promotions and discounts nearby.

A partnership between Rednano and DBS Bank, the service boasts 650 participating merchants and discounts of up to 80%.

For instance, if you are in Isetan Scotts looking out for promotions on handbags or on the latest fashion wear, you can use Rednano LOCATE to direct you to the nearby retailers offering them at special prices or deals.

The deals are organized into six categories to cater to different consumer interests, which include Dining, Fashion & Accessories and IT & Electronics.

Consumers will be alerted to promotions from established merchants such as Epicentre or Crabtree & Evelyn.

DBS' Managing Director & Regional Head for Cards & Unsecured Loans, Mr Subba Vaidyanathan said, "At DBS, we are always thinking of new and innovative ways to provide convenience at our customers" fingertips.

"With Rednano LOCATE, our cardholders will be able to find the best deals on DBS cards wherever they are on the island, making their Christmas shopping more convenient and enjoyable."

Rednano's Business Development Director Ms Shirley Tan said, "We launched this for the festive season with DBS Bank which is always looking for better ways to serve its customers and promote its partners."

The new service follows closely behind the food directory service Makan, which offers food reviews, images, ratings of good eating spots and pinpointing the ones closest to their location. The service is a collaboration with local telcos StarHub and MobileOne.

Rednano's CEO Mr Paul Jansen said, "We are continually searching for the right partners who can help us give our users practical value from using Rednano LOCATE. We are now talking to other potential partners."

The service is supported on most mobile phones operating systems, and it is also available to BlackBerry and iPhone users.

Users who do not have Rednano LOCATE installed in their phones can get it by sending the word "locate" to SMS shortcode 33333. They will receive a link to download the free application. There are no data charges for downloading or using Rednano LOCATE.