openPR Logo
Press release

Singapore to roll out automated tray return systems at hawker centers

As Singapore continues its drive to promote cashlessness, automated tray return systems might soon become a regular sight at hawker centers. Customers will be asked to make cash deposits which are refundable when they return their trays. Would customers be willing to accept digital refunds? Japnit Singh, Deputy Chief Executive Officer at Spire Research and Consulting, shared his viewpoint, published in Today Online’s news portal.

Automated tray return systems could be rolled out across 25 hawker centers. Patrons going to hawker centers such as the ones in Marsiling Mall and Bukit Merah will have to shell out cash to make deposits of SGD0.50 and SG1 respectively for each tray they take. These deposits would be refunded upon the return of the tray.

In a separate development, Ez-Link cardholders can also use their cards to pay for drinks and food at 1,000 stalls in over 30 hawker centers from April.

An integrated cashless hawker center experience may entice customers to forego cash transactions altogether. However, Japnit cautioned against totally eliminating cash as a payment option, since cards can go missing or be stolen. Acceptance of digital refunds might still not be perceived as credible.

Concern over cash deposits for trays is another challenge. Customers fear the machine might not work. It was noted that seniors might be less comfortable going completely cashless.

Find out more here: https://www.spireresearch.com/newsroom/media/singapore-to-roll-out-automated-tray-return-systems-at-hawker-centers/

Spire Research and Consulting was established in 2000 to address a gap in the research and consulting industry in global emerging markets. Unlike most agencies that focus on traditional consumer research, our founders saw a profound need for holistic research projects.

Unit 501-502, DLF City Court,
DLF Phase III, Sector 24, Gurugram – 122002, India
Telephone: (91) 124 421 6144
Fax: (91) 124 422 1934
E-mail: india.info@spireresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Singapore to roll out automated tray return systems at hawker centers here

News-ID: 1122854 • Views: 258

More Releases from Spire Research and Consulting

Spire speaks on Cloud computing and IoT at the GATES Indonesia ICT Channel Summi …
Spire was honored to participate in the GATES Indonesia ICT Channel Summit, 2019 as Research Partner. The Summit was held on 18-20 June, in Bali. Albertus Edy Rianto, Senior Manager and Astri Welmien Tompodung, Senior Consultant, Spire Indonesia, shared their insights on the rise of Cloud computing and the internet of things (IoT) in Indonesia's business landscape. The speakers discussed how, through the continued technological advancement, ICT is becoming a general
Will compost turn out to be the magic mineral for African agriculture?
Introducing phosphorous back in African soil is important as it helps plants in early life to build root systems. 80 per cent of phosphate reserves are controlled by five countries. Morocco has 75 per cent of the global reserves. After an 800 per cent price hike in 2008, phosphate rock has become costly. An alternative option is compost. Compost not only provides phosphorous and other nutrients but can also restore the soil
Digital banking in Singapore
What will be the impact of digital banks in Singapore? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in Business Times – Singapore. More and more countries worldwide are issuing full bank licenses to digital-only banks. The competition from digital banks is being seen as a favorable development for the consumer. Digital banks with fewer physical branches and Automated Teller Machines to maintain could incur lower costs
Spire talks about political risks facing business in ASEAN
On 25th April, Spire, Yamada Consulting Group (YCG) and SPEEDA jointly organized a breakfast seminar in Singapore to share insights about the political risks that businesses face in ASEAN in a year of multiple elections. The panelists were Leon Perera, Chief Executive Officer of Spire Research and Consulting, MS. Khor YU Leng, Research Director, Southeast Asia Segi Enam Advisors Pte. Ltd and Mr. Takashi Kawabata, Lead Asia Economist, Uzabase Asia

All 5 Releases


More Releases for Japnit

Spire talks about Vietnam’s emerging ICT sector
Spire was honored to participate at the GATES Vietnam ICT Reseller Channel Summit 2018 as a Research Partner. The Summit was held on 4-6 December, 2018 in Vietnam. Japnit Singh, Deputy Chief Executive Officer at Spire Research and Consulting, shared his insights on Vietnam’s booming ICT sector, focusing on market trends and growth strategies. Singh discussed the digital landscape in Vietnam for e-commerce, e-payments and government policies for Information and Communications
Singapore gears towards a cashless society in 2018
As a new year dawns, Singapore continues to focus on becoming a cashless society. Despite several unsuccessful attempts in the past, many nationwide initiatives are set to launch soon. Will this be the year of change? Japnit Singh, Deputy Chief Executive Officer at Spire Research and Consulting shared his insights, published on Today Online’s news portal. The Monetary Authority of Singapore (MAS) will launch common Quick Response (QR) codes next year.
Getting to a unified digital payment system for Singapore
Nets – the leading payment solutions provider – recently announced that it would launch new payment modes across all of its 100,000 acceptance points in Singapore by mid-2018. What does this mean for Singapore’s quest for a unified payments system? Japnit Singh, Deputy Chief Executive Officer at Spire Research and Consulting shared his insights, published on Today Online’s news portal. Japnit opined that the infrastructure laid out by Nets for a
Spire sponsors GBPIP’s Intellectual Property Summit Asia 2017 in Bangkok
Spire Research and Consulting sponsored the Global Brand Protection Innovation Programme’s (GBPIP) Intellectual Property Summit Asia 2017 held in Bangkok, Thailand from 14 to 15 December 2017. The Spire team shared our track record in brand protection performance management and consulting with event participants. The GBPIP summit aimed to study the global challenges manufacturers face from counterfeiters and look-alike products, discussing current and emerging best practices used to protect brands from
Spire and YBC host breakfast seminar on smart use of market and industry researc …
On 4 May, Spire and Yamada Business Consulting (YBC) jointly held a breakfast seminar in Singapore to share ideas on how Small and Medium-sized Enterprises (SME) can drive growth using smart market and industry research. Japnit Singh, Deputy Chief Executive Officer at Spire Research and Consulting, discussed how market research decisions impact different operating functions within a typical SME and what kinds of research techniques are commonly used, together with the
Spire and YBC host breakfast seminar on the impact of demonetization in India
On 20 January, Spire and Yamada Business Consulting (YBC) jointly held a breakfast seminar in Singapore to explore the impact on India’s economy of the recent Rupee demonetization of high-value currency notes. Leon Perera, Chief Executive Officer of Spire Research and Consulting, Japnit Singh, Deputy Chief Executive Officer at Spire and Yasuyuki (Luke) Kita, General Manager of YBC (Singapore), addressed the session. Spire Singapore and YBC discussed the demonetization’s impact on