In support of Singapore's Smart Nation vision, DBS launches Singapore's first ever cashless bazaar. Jointly organised with *SCAPE, DBS PayLah! Palooza features over 100 youth vendors over three days from 5 to 7 May 2017 and is held at *SCAPE Playspace from 1pm to 9pm.
This bazaar is just one of the bank's initiatives to showcase the latest payment mode whereby vendors and customers at the bazaar will be able to make and receive payments through the DBS PayLah!'s mobile app via the QR code function.
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| Official Photo from DBS: Grace Fu, Minister for Culture, Community and Youth officiating the launch of the DBS Paylah! X *SCAPE Palooza event |
During the media launch, DBS introduced the "Smart Nation Ambassador Programme" (SNAP) that will see DBS recruiting up to 1,000 ambassadors to encourage small, cash-based merchants, such as hawker stalls, wet market vendors and neighbourhood stores to adopt DBS PayLah! QR codes as a payment method.
In conjunction with the SNAP initiative, DBS will also partner ComfortDelGro Taxi to implement QR code payment in its fleet of 16,300 taxis by 3Q17. Altogether, DBS hopes to have more than 30,000 QR code payment acceptance points available to customers by the end of the year.
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| Official Photo from DBS: (L-R) Chrstopher Pragasam, Executive Director, *SCAPE; Jeremy Soo, Head of DBS Consumer Banking Group (Singapore); Pearlyn Phau, Deputy Group Head, DBS Consumer Banking & Wealth Management; Grace Fu, Minister for Culture, Community and Youth; Tan Su Shan, Group Head, DBS Consumer Banking & Wealth Management |
Said Jeremy Soo, Head of Consumer Banking Group (Singapore), DBS Bank, "One of the obstacles to widdespread cashless payment adoption we've identified is that there are still various myths circulating around cashless payments - that high costs are involved in setting up the infrastructure to process payments; it is unsafe; it is complicated to use for both merchant & consumers, etc. We set up SNAP as an outreach programme so we can help debunk these myths and demonstrate to businesses how going cashless can be low-cost, easy and raise business productivity, taking us one step closer to our vision of a Smart Nation."
I head down to the bazaar for a first hand experience of cashless shopping. Many of the vendors from Artbox will be at this event too, including social enterprises supported by the DBS Foundation.
Previously at the Artbox, I didn't really get to shop. So this time round, I made sure I walked a few rounds to check out the different stores and I did get a few great buys here. Just cannot resist durian. So bought durian crepes and muffin from Adeline Pastry after trying the sample.
Next, I got my mother-in-law this pretty silicon iPhone casing which only cost $2! There's lots of different designs available.
This store, @OneTapLifestyle, distributor of Karel Capek (Tokyo) caught my eyes with the beautiful tea bags packaging. I bought myself a few different flavours at $2 each.
Payment is really convenient, with my mobile phone, I just need to open my DBS PayLah! app to scan the personalized QR code of the merchants, after that keyed in the amount I need to pay and confirmed. At the merchants side, they are able to easily track our transactions automatically in the app.
Some of the Fashion stores, expect to find some of the clothes that can be as low as $2! There's also a store selling clothes for pets which I initially mistaken as clothes for babies.
Accesseries.
Childhood tidbits that brings back nostalgic memories.
Fay Terrarium - www.fayyterrarium.com
There's also a lot of other interesting products sold there.
And if shopping is not your idea, there's also stage performances from popular acts like Inch Chua (https://www.thisisinch.com)
The bazaar also offers virtual reality games for the public to play, ranging from games such as Call of Duty, Star Wars and more.
So, this weekend, leave your wallet at home and head to scape for some cashless shopping experience. Just ensure you have DBS PayLah! installed in your mobile phone before heading down. Have a great weekend!
XOXO
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