Singapore Prime Minister Lee, in his National Day Rally, asked why Singaporeans, when it came to the adoption of cashless payments by means of digital or mobile, were so “Suaku” behind that of adoption of China. “Suaku” is a local dialect slang used to described someone who is “behind the times”. Though Singaporeans have the technology know-how and are mostly digitally literate, pick up of digital payments have been rather behind the times. For example, when a local food center was opened after renovation, it was touted to be one of the first food center to full accept payment via the NETS Flashpay or EZlink card. Both are stored valued card payment often used for taking public transport in Singapore. However, after a year, many of the stalls gave up the NETS Flashpay POS (Point-of-Sale) machines. I have asked some of the stalls and they replied low usage which didn't justify the monthly rental payment for the POS machines. Singaporeans are a bunch of pragmatic group of fol...