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All schools will have cashless payment scheme by 2025

Singapore News - Do not worry if you have forgotten to give your children school pocket money for the day. More students will be able to use smartwatches to make cashless payments at their school canteen and bookshop, as well as selected retailers, with the expansion of a tap-and-pay. Read more at www.tnp.sg

Singapore
Anne-quek
Jeremy-soo
Clarence-tang
Dbs-bank
Millennia-institute
Xishan-primary-school-in-yishun
Ministry-of-education
Smart-buddy
Xishan-primary-school
Cashless-system
Payment-systems

DBS/POSB and MOE to expand digital payments access in schools

By 2025, all Singaporean primary and secondary schools, junior colleges, and Millennia Institute will have access to contactless and digital payments. That's because DBS/POSB and the Ministry of Education (MOE) today announced a new three-year Memorandum of Understanding (MOU), which will see DBS/POSB expand its POSB Smart Buddy programme to younger minds. The programme will see additional digital payment infrastructure.

Singapore
Singaporean
Jeremy-soo
Head-of-consumer-banking-group-singapore
School-smart-cards
Millennia-institute
Ministry-of-education
Managing-director
Consumer-banking-group

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