You know why we haven’t become #SmartNation? Because when you take a taxi, you still have to pay cash unless you are willing to pay 30 cents more for NETS. Why do we even need NETS these days? Why do we even need CARDS? PM says, we must have a terminal that can read all cards.
Terminals cost money. Which banks will charge merchants. I say start by getting RID of unnecessary cards first. China has proven that you can do payments, even micropayments, with an app. ApplePay and Android Pay can be used without taking out your wallet. They just need your fingerprint. I’ve also been paying for stuff with PayLah! QR codes too.
And here we are, still juggling a gazillion cards and PIN numbers. And sticking cards that have to be topped up, into car IU readers. And using competing transit cards that need to be topped up too. It’s nuts.