What do people in Singapore think about e-payments and going cashless? | Mothership Hits The Streets
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- เผยแพร่เมื่อ 29 ต.ค. 2021
- Are you Team Cash or Team E-payments? We hit the streets to find out from the young and old their preferred mode of payments.
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Brought to you by Monetary Authority of Singapore
it is very convenient but it will come will a heavy price later on
The main problem is that not all shops and payments can accept cashless or phone payments. but cash you can see the money itself so you can feel how much you lost when you pay.
Honestly, it should still be both. If everything is cashless, then people might overspend. if cash, ppl will know how they still have and will be careful spending it
The female host is so lame when she answered the three ladies why it’s illegal to wash clothes with dollar notes!!!!!!! So lame but so funny lor…. I literally LOL!!! 😂😂😂🤣🤣
The uncle so cute though 😆😅
I went to Gothenburg & Stockholm and they all accept cashless payment aside from using cash - their public toilets that are pay-to-use that I went to only accepts cashless payment. It was quite tough to find a money changer here in SG that carries Swedish Krona and when I finally found one, the uncle said not many money changer has the currency cause in Sweden it's pretty much all cashless, so not much demand for it. And tbh with cashless, no reason to overspend when there are settings to place limits on your expenditure and apps to help track your spendings but if you still overspend then...that's on you, friend...
Next year, fintech competition will be intense between SEA and Grab
Best is paid by singpass and deduct from cpf....
Ive been cashless since 1990s. Im living in poverty
singapore is horrendously behind in cashless payments... go to australia and even a coffee truck in the middle of no where accepts card.
I'm in my 20s and I still bring cash. I rather have the option to use one or the other.
im the kind of half half people.. but the uncle is mood <3
I be always support use of cash. Going anti cashless
2:52
I can only choose "cashless" payment because I'm broke .. Lol ..
It is quite worrisome. The payment merchant may suddenly go defunct and take your money with you. And these merchants are often uncontactable when you need help. Also you may also forget money you left inside these merchants. This is for cases where you need to deposit money with the merchant first in order to use it.
currently in Korea cashless is almost 98%, I lived cashless life since early 2000. you can buy almost everything with credit card even something really cheap(less than 1 dollar) there is no side effect you are worrying. I never waste money at all. people will get used to it.
I don't remember when is the last time i use non cash
I use cash most of the time. Cash is way better as you don't know when your bank account is freeze due to bank going bankrupt