Do you think it's good for society to go totally cashless? (no more physical currency)
-Kuriko
A couple of posts back, regular reader raised the above topic as a potential post.
For me, I don't really think whether it's good or not, but rather, I think it's interesting to talk about it.
A cashless society.
Also, there's a lot of confusion? Misunderstanding? on what is considered cashless.
Card payment methods, such as credit cards, NETS, were already cashless a long time ago.
Although the "in" thing now is mobile payments.
So Singapore was already going cashless sometime back when most of our shops accepted card payments.
Did we go significantly further when we started introducing mobile payments in our repertoire?
From what I see/saw before I left SG or when I returned to SG, there wasn't much difference.
Most shops which previously accepted card payments, still accepted card payments. Not many accepted mobile payments.
Yes, there are some new retailers which have accepted mobile payments....