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Anonymous
With the e-payment era taking over, is there anyone who still prefer using the traditional methods of cash to pay?
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Billy
29 Apr 2019
Development & Acquisitions Manager at Real Estate Private Equity
Mobile Payments!
The more intermediaries there are, the more benefits there are to consumers because they have to entice you to use their platforms.
i.e. Credit card cashbacks are also applicable on mobile payment platforms and on top of that, as everyone else mentioned, some mobile payments platforms do offer rewards (Dash, Grabpay etc, Samsung Pay etc.)
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Currently Grab Pay x Fave Pay - to take advantage of the attractive cashback and rebates.
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Honestly, I think it depends a lot on the situation. Cash still feels more “real” for small things, but I’ve gotten so used to tapping my phone or card that carrying bills almost feels old-fashioned. Mobile payments are super convenient, but what really makes a difference for me is how merchants manage all these options on their side. I once dug into https://corefy.com/merchant-management , and it gave me a new perspective on why some shops are seamless at checkout while others feel clunky. After seeing how they can centralize payment methods and reporting, I understood why certain stores adapt faster to the “no cash” trend.