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Currently Browsing: Results for Tag "cashless"

Singapore wants to be Asia’s Sweden in push for cashless payment

Singapore wants to be Asia’s Sweden in push for cashless payment “For consumers, the use of cash for daily payments is high,” Ravi Menon, managing director of the Monetary Authority of Singapore, said at a financial technology conference on Friday.7 checks were written per person in Singapore in 2014, compared with practically none in Sweden, he added.

India's attempt to go cashless is turning food vouchers digital

India's attempt to go cashless is turning food vouchers digital Last month India's federal bank mandated that even meal vouchers that corporate houses provide their employees must go digital by the end of 2017.And cashing in on this opportunity is Paytm, India's largest mobile wallet with 200 million users.