Singapore tops in cashless payments

SINGAPORE: Close to nine in 10 Singaporeans prefer to make electronic payments, as opposed to using cash, showed the Visa Consumer Payment Attitudes survey for last year. This was an 11 per cent rise from the previous year, making Singapore the most developed market in the region for cashless payments. Credit cards were the preferred mode of payment for 58 per cent of respondents, followed by 14 per cent who preferred to use debit cards, and 13 per cent who preferred to use cash. Agencies