Digital vs cheque payments: SMEs want it both ways
Add BT as a preferred source
Singapore
CONSUMERS are largely on board the digital payments train but businesses, particularly business-centric small and medium enterprises (SMEs), seem to need a bigger push to go entirely cashless or cheque-free.
Figures from the Monetary Authority of Singapore (MAS) show that 110,956 organisations had signed up for PayNow Corporate - one of the digital payment options available to businesses - as of June 30 this year.
TRENDING NOW
Singapore brings back 19th-century tech to beat warming climate
S-Reits ‘positioned for recovery’ as yield spreads widen: analysts
Private equity giant Carlyle can grow bigger but needs to stay on its toes: co-founder David Rubenstein
Grab, EnterpriseSG launch scheme to help small F&B businesses grow customer demand and capabilities
