Moving to instant payment systems
Cashless payments have become the de facto for businesses and consumers who pave the way in being digitally savvy. Businesses are able to reap the benefits of instant payment systems through the high smartphone penetration and real-time payment modes offered by their devices.
Businesses and consumers are increasingly adopting cashless payments and Asia is leading the charge in being digitally savvy.
Catalysed by a string of factors – from cashless payment via e-wallets and high smartphone penetration to real-time payment modes and positive government push towards cashless, businesses and consumers are ditching cash and cheques in favour of instant payments.
Read on to find out how your business can reap the benefits of moving to instantaneous payment systems. An improved customer experience and higher operational efficiency are just some of the benefits for businesses.
Want to find out how your business can move away from cash and cheques and benefit from instant payments? Register or login to Treasury Prism to simulate the possibilities for your business.
Send SGD funds in Singapore to domestic accounts using MEPS Singapore.
Infographic: Moving to instant payment systems
Discover a spectrum of opportunities
Explore DBS Treasury Prism today to start simulating moving away from using cash and cheques to using instant payments and discover opportunities for your business.
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