Fintech in Singapore

As part of its Smart Nation vision, Singapore introduced the QR code in April 2017 as a mode of payment to merchants and vendors. Three months later, this was followed by PayNow.

In this episode, Marketing Professor and co-author of the Kiasunomics book series, Ang Swee Hoon, examines the impact of these new payment features on consumption and business creation, rate of ATM closures, and even credit card spending!