Though not Gen Z, I have been

Though not Gen Z, I have been pioneer in adoptions (eg BYO shopping bag in 2001/2, iPad Gen 1 in budget airline, ApplePay via Watch) & hence influential to pple around me. Cashless payments during EU & CN trips have reduced travel risks, improved instant awareness of spends (compared to CC only when monthly bill comes), no more round-up payments, various rewards for early adopters of e-wallets & digitisation. In summary, spending has become more efficient due to ease of price comparisons, subsidied spends for non-urgent procurements & household lifecycle replacements. Over the last decade if not longer, the above changes have enabled me to have more control over finances and in turn created more spare funds and time to invest. Hope Singapore can clean up and optimise the current digitisation mess, esp e-payment ‘rojak’ that is not helping in efficiency. 😅

Is Gen Z in Singapore Spending More Using E-Wallets?

A recent survey in Singapore found that 71% of Gen Zs think mobile apps and digital services are improving at the right pace, but 29% are spending more money because of them.

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