Economy

Notes and Coins: Why Cash Still Matters in Singapore's Digital Economy

Published On Mon, 29 Jun 2026
Aditya Banerjee
85 Views
screenshot_2026_06_29_091823ee042e2b_3e40_476e_8aeb_724dd7a46d10
Share
thumbnail

In a world increasingly dominated by digital wallets and quick online payments, cash is often viewed as outdated. Yet, for many people — from elderly citizens concerned about digital scams to families making everyday purchases at hawker centres — physical money remains a dependable and familiar way to pay. Andrea Heng and Hairianto Diman explore the importance of creating a payment ecosystem that remains accessible and inclusive for all. They speak with Wong Wanyi, FinTech Leader at PwC Singapore, about the role of cash in a rapidly changing financial landscape.

Disclaimer: This podcast is taken from CNA.