What is your favourite cashless form of payment now and why?

I am a huge advocate of all forms of cashless payments. Personally use Grabpay, Favepay, Visa/Mastercard through Apple Pay, Singtel Dash, Netspay. My preferred mode of cashless payment is always the one that offers the best cashback or rebate for that particular merchant:

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For example,

-Grabpay offers new promotions every month(e.g Liho, Toast Box,etc)

-FavePay offers 5-10% cashback for subsequent purchases with several partnered merchants.

-Netspay offers $0.50 off on Wednesdays and Fridays at campus canteens

-Apple Pay provides the convenience for me to use my debit cards via a contactless method(used to have promos when Apple Pay just debuted)

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During the DBS Beep Beep Kaching promotion that lasted about 6 months which unfortunately ended in Sep 2018, I tried to use contactless payment as much as possible to qualify for the minimum $400 in spending via contactless payments. This was done using NetsPay at NETS-only merchants and my DBS Visa Debit Card thru Apple Pay(or Paywave) at merchants that accept credit/debit cards. I was able to earn between $40-$50 cashback per month with a minimum spending of $400 and cashback capped at $50 with spending of $500 per month. This 10% cashback comes with a condition that no cash withdrawals can be made via ATM. During this period, I withdrew cash from an alternative bank account whenever I needed cash.

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To answer the question, my favourite cashless form of payment is the one that rewards me the most at the time of transaction.

DBS paylah. because NUS gives discounts for that! :D

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Otherwise, i honestly still go back to visa paywave since its just a simple tap and go action.

In terms of cashbacks/benefits - I like Fave. On top of that, they have some pretty sweet deals for food now and then, which brings cost per pax for a meal to $3/4.

Usually used for the convenience and occasionally due to the super cheap deals limited to the particular payment type.

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PayNow for easy payment transfer to friends.

Singtel DASH, use mainly in NTUC, 7-eleven, Food Republic

Masterpass for $2 off comfort cab

GrabPay for those special deals

PayWave to save the hassle