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Business cheque usage low but industry, customer preferences make it hard to discard

To help businesses make the switch, banks make digital payment methods cheaper, or offer fee rebates. Read more at straitstimes.com. ....

Marc Leong , Tesy Mathew , Hariharan Gangadharan , Standard Chartered Bank , Monetary Authority Of Singapore On , Infocomm Media Development Authority , Monetary Authority , Straits Times , Maybank Singapore , Standard Chartered ,

More businesses in Singapore going cashless despite resistance

SINGAPORE: Cash piling up seems like the ideal outcome for any business, but restaurateur Guy Wachs found the process of collecting, counting and banking all those notes and coins so time-consuming and subject to human error that he scrapped the whole rigmarole. ....

Tesy Mathew , Guy Wachs , Wild Honey , Paynow Corporate , Melvyn Low , Elroy Lim , Social Outcast ,