$3 cashback on meals every Friday with DBS Paylah! app, Latest Singapore News - The New Paper

$3 cashback on meals every Friday with DBS Paylah! app

This article is more than 12 months old

Singaporeans will be able to enjoy a cashback of up to $3 when they pay for a hawker centre meal using the DBS Paylah! app on every Friday, starting Feb 10.

The programme, which will end on Jan 19, 2024, is applicable for any of the 11,600 SGQR-enabled hawker stalls island-wide.

The promotion is capped at the first 100,000 users every Friday. DBS Singapore Country Head Shee Tse Koon said that this new subsidy was introduced to help ameliorate inflationary pressures on consumers.

Mr Shee said: “With persistent inflation and rising cost of living, we understand the concerns among Singaporeans and residents that their money is not going as far as before.”

According to data from the Department of Statistics, food prices rose for the 10th consecutive month last December. Hawker food inflation, in particular, soared to a 14-year high of 8.1 per cent from a year ago.

Mr Shee added: “So we want to do what we can to provide some relief to those looking to better manage their everyday expenses.”

The DBS 5 Million Hawker Meals initiative will work with government agencies and grassroots organisations to hold digital literacy workshops to ensure the less tech-savvy know how to access this subsidy.

Mr Shee said: “As technology continues to evolve and become a bigger part of our daily lives, we need to ensure that those who are less comfortable with digital services are given all the support to build up their confidence and skills… This has been our priority for many years and we continue to bolster our efforts to ensure all are brought along on this journey.”

At the launch event on Wednesday, a pop-up digital literacy workshop was held to teach users to access the subsidy, in preparation for the programme launch on Friday.

In a statement on Wednesday, DBS said that ongoing efforts to drive digital adoption nationwide have led to more people being aware of and opting for digital payments at hawker centres.

Since 2020 when the Government launched the Hawkers Go Digital Programme, the number of SGQR transactions at participating stalls has grown, it added.

Attending the launch event on Wednesday was Minister in the Prime Minister’s Office and Second Minister for Finance and National Development Indranee Rajah, who said the programme would provide a monetary incentive for the elderly to pick up these skills.

She added: “As we progress, we do know that digitalisation is part of everyday life and we don’t want our elderly to be left behind.”