A while back ago, there was a news piece that quietly slipped past the radars of most people, but I read it with quite some keen interest. It was an article about how it was going to be possible to pay for public transport directly with your contactless credit card and charged through the credit card network instead of going through a stored value wallet.
I recently saw a Facebook campaign by POSB asking ppl to sign up for this service, although they did have a promotion to have 3 free rides if you register before the… 12th. But today is the 13th, oh well.
Anyway, I still signed up for the service.
Why do I think that it is good?
1) No more stored value wallets
2) No more top-up charges
3) Possibly free up 1 card space in your wallet
Personally, as much as I like the …Read the full article →