Wednesday, January 23, 2019

Standard e-wallet under Association of Banks

One and a half years has passed since PM Lee announced the goal to use digital payment in his National Day Rally in 2017.

A lot of work and money has been put in by many parties to introduce digital payment. The actual usage remain low, except for payment for ride hailing apps.

There are too many platforms for digital payment. They do not talk to each other. Most of the wallet apps are too complicated.


To be a truly smart nation, we need to make digital payment a way of life. I like to suggest how this goal can be achieved.

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