Singapore is a modern and technologically advanced city, and this is reflected in its payment systems. As a visitor, it always helps to understand the different options on offer to make your trip as smooth and convenient as possible.

Convenient Cashless Payments

Many transactions here can be done electronically including services that offer a ‘tap and go’ system for credit and debit cards. Adding to the convenience are mobile payment apps like Samsung Pay, Apple Pay, and GrabPay as well as bank transfer apps. To enhance the guest experience, luxury apartment hotels in Singapore including the heritage property, Wanderlust by The Unlimited Collection, are offering cashless payment options too.

Paying for Public Transport

When using public transportation in Singapore, you can pay with a contactless bank card (including Mastercard and Visa) or mobile payment apps. Another option is a SimplyGo EZ-Link card which can be easily topped up at MRT stations or select convenience stores or online using the SimplyGo app. If you are in the city only for a short time, consider a Singapore Tourist Pass, which offers unlimited travel on the MRT, LRT, and buses for a fixed period.

Having Cash on Hand

Cash on Hand – Photo by Alexander Grey on Unsplash

Even though the world is moving towards being a cashless society, it’s still a good idea to carry some cash with you when travelling overseas. There may be times when you encounter small businesses or street vendors at markets in Singapore that only accept cash. It’s always better to be prepared and have some cash including small change on hand just in case.

The Tourism Refund Scheme

Be it through card or cash, tourists planning to do some shopping in Singapore can take advantage of the Tourism Refund Scheme. This scheme allows you to claim a refund of the 9% GST (Goods and Services Tax) on purchases of more than S$100 (including GST). Be on the lookout to spot the “Tax Free” logo or sign at participating stores to score a tax refund and treat yourself!