Under the initiative by these agencies, consumers will be able to use some 20 payment schemes, which includes the ez-link transport cards and concession cards and the Nets FlashPay cards.

The schemes will be rolled out progressively in two phases. The first batch of 10 payment schemes will go live by the end of this year. By August 2019, customers dining at coffee shops, hawker centres and industrial canteens can choose from all 20 payment schemes through unified touchpoints.

Merchants will be given a terminal for card payments and the national QR code payment standard, dubbed SGQR, to accept and process transactions from the 20 payment schemes.

The all-in-one e-payment terminals, which can read contactless and chip-based cards, and process QR code payments, will also be rented to hawkers at no charge for the first three years after they sign up with Nets.