A cashback initiative by POSB has boosted the takings of heartland merchants by about 40 per cent on weekends, as more customers turn to scan-to-pay options.
Senior citizens and those earning less than $2,500 a month made up 39 per cent of these recipients, it added. Madam Ivy Tan, 63, and her husband have been running Jasmine Florist at the market for 13 years. She started accepting PayLah payments during the pandemic. However, some still prefer cash as they find using their phones difficult, he said. He helps those who have trouble navigating the app.
As the Government promotes digital solutions and services, it will ensure there is sufficient support so that no one is left behind, said Mr Chee, who is MP for the Toa Payoh West-Thomson ward in Bishan-Toa Payoh GRC. Since November 2022, DBS Foundation and the Infocomm Media Development Authority have also held more than 600 workshops for over 110,000 people to improve their digital literacy.He added that the early results of the POSB cashback initiative are encouraging.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Heartland merchants get boost in earnings on Saturdays from PayLah cashback initiativeDBS said the volume of transactions across 22,000 heartland merchants rose by about 40 per cent.
Bron: The Straits Times - 🏆 8. / 63 Lees verder »
Heartland merchants get boost in earnings on weekends from PayLah cashback initiativeDBS said the volume of transactions across 22,000 heartland merchants rose by about 40 per cent.
Bron: STForeignDesk - 🏆 4. / 71 Lees verder »
More private hire car drivers and cabbies on the roads with each taking home less in earningsThe number of private hire vehicles and taxis in Singapore has grown from last year, but drivers are taking home less earnings, with the average number of trips going up by a mere 1%.
Bron: ChannelNewsAsia - 🏆 6. / 66 Lees verder »
Business plans delayed, revenues slashed as driving lesson shortage hurts private bus operatorsOne operator says it lost up to 20 per cent of earnings due to a prolonged wait to secure driving lessons for foreign workers.
Bron: ChannelNewsAsia - 🏆 6. / 66 Lees verder »
SGX Chairman Calls for Focus on Demand Side to Boost Local Equities MarketIn his first separate letter to shareholders in 14 years, SGX Chairman Koh Boon Hwee stressed the importance of a vibrant and liquid stock market for Singapore's continued success as a global financial center. He highlighted the need to attract more investor demand and build a stronger institutional asset-management ecosystem.
Bron: The Straits Times - 🏆 8. / 63 Lees verder »
Singapore stocks could rally after Fed rate cut, say analystsThe expected Fed move would especially boost rate-sensitive sectors like Reits, telcos and industrials.
Bron: straits_times - 🏆 5. / 69 Lees verder »