Xishan Primary School students showing off their POSB Smart Buddy devices and cards used for digital payments in the school grounds.By 2025, all Singaporean primary and secondary schools, junior colleges, and Millennia Institute will have access to contactless and digital payments.
These touchpoints accept payment made via POSB Smart Buddy cards, smartwatches, and other payment modes like School Smart Cards and EZ-Link Cards.According to Mr Jeremy Soo, Managing Director and Head of Consumer Banking Group , DBS Bank, the expansion of its digital payments programme for youth was designed to improve financial literacy and allow school-going children to familiarise themselves with digital payments.
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