43% Singaporeans prefer cash over e-wallets and apps for public transportation

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'I trust the physical card, paper, pen, cash. Prefer old school, peace of mind,' one Singaporean said, adding he likes it plain and simple

SINGAPORE: Following a report showing that 43 per cent of Singaporeans do not use e-wallets and apps for public transportation transactions, Singaporeans took to social media to share their reasons for preferring to pay with cash., found that 43 per cent of commuters do not use mobile apps or e-wallets.

The study’s results also showed that there seems to be a connection between household income and commuters’ likelihood of using mobile payment methods. “I’m an user,” said one. “I have to worry if my phone battery is able to last til the end of the trip and poor signal issues etc. The physical card is always kept in my wallet as a backup plan.”

I am also a senior but have been using the computer starting from a 286RAM and non-stop til the upgraded system of today. But I still prefer to use cash which is much safer…”“The key issue is that digital payments in Singapore are cumbersome and there are too many options,” they shared.

Source: Education Headlines (educationheadlines.net)

 

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