S'poreans to get govt payouts by scanning faces at ATMs
A new digital tool will allow Singaporeans who do not have bank accounts or smartphones to receive government payouts easily.
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A new digital tool will allow Singaporeans who do not have bank accounts or smartphones to receive government payouts easily.
Singapore News - About 40,000 Singaporeans who receive government payouts via cheques can now withdraw the payments quickly and conveniently from an ATM with a new service called GovCash. Launched by the Central Provident Fund (CPF) Board in collaboration with OCBC Bank and the Government... Read more at www.tnp.sg
500 OCBC ATMs offer the service and users do not need an account with the bank. . Read more at straitstimes.com.
Singapore households got $2,000 per member from COVID-19 measures on average SINGAPORE — Singaporean households received about $2,000 per member on average from COVID-19 measures introduced, according to a Ministry of Finance paper released on Thursday (11 February). Titled “An Interim Assessment of the Impact of Key COVID-19 Budget Measures”, the paper looks at the relief measures from the five Budgets in 2020 during the COVID-19 pandemic totalling almost $100 billion. The measures benefitting Singaporean households refer to the Care and Support Package (CSP), Self-Employed Person Inco...