2 in 3 SMEs to embrace cashless payments by 2023

Submitted By:  Sandra Sendingan Case Study:  No They are also shunning the use of cheques. Two in 3 (66%) of Singapore small and medium enterprises (SMEs) admitted that they are likely to do away with cash and cheque for their customer and supplier dealings and go cashless by 2023, according to a survey by OCBC.  In fact, nearly half (45%) of SMEs anticipated going cashless ahead of schedule by embracing e-payments as early as 2020. read more