Cash is king in Thailand, credit cards co-exist in Singapore

The past 10 days have proven that cash is still the preferred payment method  in Bangkok and Singapore. Credit cards are also widely accepted in Singapore, whereas only more commercial merchants in Bangkok accept plastic. There have been no opportunities for mobile payments in either destination, even though Starbucks teased me with the mobile app scanners in-store! Sadly, it was not possible to use the app abroad.

So, for now, at home and in these parts of Southeast Asia, ca$h remains king!

Cash is King

Cash is King

Advertisements

Passionate entrepreneur with a penchant for startups, mobile technologies and adventure travel! Follow me on twitter! @thismobilife

Tagged with: , , , , , , , , , ,
Posted in mobile, payments
One comment on “Cash is king in Thailand, credit cards co-exist in Singapore
  1. Yes in Singapore, mobile payment is still not widely accepted. We are slowly adopting but not in the near future. Even credit card payment also limited to in-store purchases. Unlike European countries that I visited, you can actually easily request to pay by plastic.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: