In the future do you think we will completely abandon cash and that all payments and transactions will be done digitally?

Discussion (5)

What are your thoughts?

Learn how to style your text

Gabriel

19 Nov 2018

Undergraduate at National University of Singapore

Maybe in the future (a few decades), but definitely not in the near future.
Too many choices?
https://www.channelnewsasia.com/news/commentary...

Save

Ng Wei En

17 Nov 2018

Analyst at Mastercard

I would say within the nect decade, payments would be largely digital. All movement of $ will be tracked. Only motivation for cash payments would be to avoid detection for reasons we all know.

Save

Yong Kah Hwee

16 Nov 2018

Yes. I'm expecting it to be done within the next decade or so...

Write your thoughts

Do you think Singapore is ready to be a 100% cashless society? Personally, I still use a mixture of cash and cashless payments but think it will take more than 5 years before becoming fully cashless?

We are moving towards a cashless society. do you think that by going cashless, we actually spend our money faster as compared to if we use physical cash to do transactions?

WhatsApp has launched its first digital payments option and has its eyes set to expand this option worldwide. Do you think it could be the next ApplePay, AliPay, GrabPay?

Where should someone completely new to investing/FP start or do with $150k spare cash (early 30s, single, no liabilities, adequate savings of 1 yr & insurance done)?

As we are moving towards a cashless society, do you think that we actually spend our money faster as compared to if we use cash to do transactions?

Do you think Singapore is ready to be a 100% cashless society? Personally, I still use a mixture of cash and cashless payments but think it will take more than 5 years before becoming fully cashless?

We are moving towards a cashless society. do you think that by going cashless, we actually spend our money faster as compared to if we use physical cash to do transactions?

WhatsApp has launched its first digital payments option and has its eyes set to expand this option worldwide. Do you think it could be the next ApplePay, AliPay, GrabPay?

Where should someone completely new to investing/FP start or do with $150k spare cash (early 30s, single, no liabilities, adequate savings of 1 yr & insurance done)?

As we are moving towards a cashless society, do you think that we actually spend our money faster as compared to if we use cash to do transactions?