I can understand why 90% of Sin gaporeans still prefer cash payment
(PayPal’s survey). It’s a no brain er.
If I made a mistake usin g cash payment, I just go back to the
cashier to get a refund. In the case of e-payment, how to get a refund
immediately?
While our ‘big brother’ is pushin g for digital and cashless payment to
support its smart nation vision, there are people who are still unable to catch
up with these disruptions and those who just refuse to use it. People just shun
any method that is not free, too complex to apply and too many confusin g steps to use it. I’m concern about
privacy and security for such on-the-spot cashless payment methods. Any method
that takes more than 2 steps, needs a fee to use it with gadgets or smart
devices to make it work is really not ‘smart’ at all. It doesn’t makes me look
smart to use it.
The simplest solution is to lin k all my bank accounts and cards to my fin ger prin t usin g biometric technology(has been around
for decades)? There’s no need for any device or application on my phone.
Why a
need to re-in vent the wheel?
