As cashless-only stores continue to pop up across Singapore, some teens and seniors feel left out

Linguist

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Yes — you're absolutely right. In Singapore, F&B businesses are legally required to accept cash as a mode of payment.


🏛️ MAS Position on Legal Tender


The Monetary Authority of Singapore (MAS) clarified in 2021 that:




“Cash is legal tender in Singapore, and businesses must accept it unless both parties agree to use another form of payment.”





This means:


  • Hawker stalls, restaurants, and cafes cannot refuse cash outright.
  • They can encourage digital payments (e.g., PayNow, NETS), but must accept cash if the customer insists.

⚠️ Exceptions?


  • Businesses can refuse large denomination notes (e.g., $1,000 bills) for small purchases, as long as it's not discriminatory.
  • Some businesses may display signs like “Cashless Preferred” — but that’s not the same as “Cash Not Accepted.”

🧠 Why It Matters


This law protects:


  • Elderly and lower-income groups who may not use smartphones or digital wallets
  • Consumer choice in a rapidly digitizing economy

So if a hawker or café refuses to take cash, they’re likely in breach of MAS guidelines. You can report such cases to the Consumers Association of Singapore (CASE) or MAS directly.


Would you like a quick printable summary of your rights as a customer under this rule, or maybe a sample complaint template if you’ve encountered a stall refusing cash?
U try sue lor.
Who u going sue? The govt? MAS?

ROFL...
 

Balian

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our society only cares about money and self interest
its not inclusive or caring about other human beings
 

batuchka

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if really make the customer experience cui then boycott go some where else loh? btw here cashless no incentives/discow to customer wor clearly for business convenience...
 

deathan9el

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teenagers? clueless?
thot they're far more knowledgeable than elderly adults

but that aside, cash option shouldn't be made redundant
 

weng0202

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Talk cock lah. These merchant just want cut away cashier manpower and lazy to go bank or count money. Scared money lost.

I say just boycott all these cashless shops. See who win
The way forward will be more and more become cashless. Then see next time what is left for you to shop and eat from.
 

winningeleven

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Talk cock lah. These merchant just want cut away cashier manpower and lazy to go bank or count money. Scared money lost.

I say just boycott all these cashless shops. See who win
When u become your own boss one day . U probably change your mindset of having cash payment over cashless .U know u could save money on manpower and time .

If unlucky . U even receive counterfeit money note . Then u will realise cashless is not bad after all...
 

halocast

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cashless from business pov is better.

Faster, easier and more security.

consumer pov.. well alot of reasons lo :o
 
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