{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"Future Tense Ep 5 | Future of Money: Is a 100% cashless society just on the horizon?","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5fd443c87b4e20639953346a/5fd443d2aeabb025d201a521.jpg?height=200","description":"

While the Covid-19 pandemic has had a devastating impact on many sectors, it has no doubt been a boon for e-commerce and digital payments.

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With consumers staying home, sales on e-commerce platforms have skyrocketed. And even when consumers head out, more are opting for contactless forms of payment, instead of handling physical cash.

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For instance, DBS Bank saw payments made via its DBS PayLah! mobile wallet increase by 40% in October this year, compared to a year ago.

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As part of its line-up for this year's Singapore Fintech Festival, DBS hosted a panel discussion on the future of e-commerce with representatives from DBS Bank, lifestyle app Fave, super app Gojek and WhyQ, a hawker-first digital ecosystem. The panel was moderated by Jolyn Tan from Group Strategic Marketing and Communications at DBS.

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Guests:

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Anthony Seow, DBS Head of Payments and Platforms
Ng Aik-Phong, Managing Director of Fave Singapore and Malaysia
Lien Choong Luen, General Manager of Gojek Singapore
Varun Saraf, who is co-founder and CEO of WhyQ

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For the full transcript, visit go.dbs.com/futuretense-ep5

See omnystudio.com/listener for privacy information.

","author_name":"DBS Bank"}