Hawker centres to offer contactless, cashless FlashPay system soon
Nets testing out contactless FlashPay system at some stalls
Published on Jul 21, 2014 7:53 AM
Going cash-free at hawker centres will soon be a reality as Nets, the Network for Electronic Transfers Singapore, rolls out new initiatives to promote cashless payments.
The company is already testing out contactless FlashPay card systems at 10 stalls at the Beo Crescent Market and Food Centre near Havelock Road, and a hawker centre in Clementi Central is the next in line to use the system.
Contactless payments are transactions made by waving a card over a reader, instead of signing a charge slip or entering a PIN code.
Bedok's upcoming hawker centre at Block 208B along New Upper Changi Road, due to open in October, will be 100 per cent cashless, said Nets chief executive Jeffrey Goh. To pay, consumers simply tap a FlashPay card on a small electronic terminal that hawkers can preload with item prices.
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