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Crunchtime for Cash at Singapore's Famed Hawker Food Stalls


Crunchtime for Cash at Singapore’s Famed Hawker Food Stalls
Bloomberg
2 hrs ago
Krystal Chia and Alfred Cang
(Bloomberg) Singapore officials trying to digitize the economy are targeting a tricky group of holdouts: elderly vendors who run the country’s famed hawker stalls.
For generations of Singaporeans, stalls selling popular street food have been an indispensable part of local life. Even amid unbearable midday heat, these open-air complexes draw office professionals, families and retirees with favorites such as chicken rice, prawn noodles and the nasi lemak coconut rice dish.
Hawker centers have won global acclaim, recognized by Unesco last year as an Intangible Cultural Heritage of Humanity. ....

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Nets to roll out new cashless payment features to help hawkers fight fraud


SINGAPORE - E-payments service provider Nets will roll out new features to help hawkers fight fraud as more than half of all stallholders here accept cashless payments.
The enhancements on the NETSBiz App used by hawkers and small retailers will include larger fonts, distinct payment alerts and colours to highlight new transactions.
They are set to be rolled out progressively from next month and are meant to help hawkers track their transactions easily, said Minister for Communications and Information S. Iswaran on Friday (Feb 19).
All of this is really designed based on feedback from the stall holders to make it easier for them to recognise that a transaction has in fact been recorded and executed, said Mr Iswaran, noting that fraud is present on all kinds of transaction platforms. ....

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