QR Code is Killing Cash

Consumers in Singapore are rapidly embracing Quick Response Code as an alternative to using local tender and cash based merchants are getting on board too. In less than a month, Singapore's DBS Bank has reached out to some 3,000 cash-based merchants, of which some 400 have been fully onboarded, with more in the process of enablement, with its «Smart Nation Ambassador Programme» (SNAP). They include traditional and mature small merchants