Overspending among young S'pore adults grows with rise of cashless payment

Contactless payment methods in Singapore include credit and debit cards, e-wallets, PayWave and PayNow.
Contactless payment methods in Singapore include credit and debit cards, e-wallets, PayWave and PayNow.PHOTO: ISTOCKPHOTO

SINGAPORE - When undergraduate Rexanne Ng got her debit card in junior college, payments became convenient and hassle-free.

However, she soon found herself making unnecessary purchases and losing track of her spending.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.