Business cheque usage low but industry, customer preferences make it hard to discard
To help businesses make the switch, banks make digital payment methods cheaper, or offer fee rebates. Read more at straitstimes.com.
Source: straitstimes.com
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More businesses in Singapore going cashless despite resistance
SINGAPORE: Cash piling up seems like the ideal outcome for any business, but restaurateur Guy Wachs found the process of collecting, counting and banking all those notes and coins so time-consuming and subject to human error that he scrapped the whole rigmarole.
Source: thestar.com.my