Cheaper to transact in cash - Gojek to charge transaction fee up to 60 cents for cashless payments from Nov 1

[realDonaldTrump]

Gojek to charge transaction fee up to 60 cents for cashless payments from Nov 1​

https://www.channelnewsasia.com/sin...n-ride-hailing-grab-tada-ryde-comfort-3857691

SINGAPORE: Ride-hailing firm Gojek will charge a transaction fee for Singapore commuters who do not use cash to pay for their rides from Nov 1.

Calling this "a structure that is not new in the Singapore market", Gojek said on Thursday (Oct 19) the fee will range from S$0.10 (US$0.07) and S$0.60, depending on the distance travelled.

Competitors like TADA and ComfortDelGro also impose a transaction fee for cashless payments. TADA's rate differs depending on the card used, while ComfortDelGro charges a 10 per cent administrative charge on top of the total metered fare.

 

[realDonaldTrump]

Do companies need to pay charges for each PayNow transaction?

 

[The Crow]

Gojerk ...

 

[laksaboy]

That reminds me... NETS payments have a 1.5% surcharge.

You would think they would make it cheaper to encourage more cashless payments, but they operate like drug pushers, first get you addicted to the convenience and trendiness of it, then make you pay extra for it.

 

[tobelightlight]

That reminds me... NETS payments have a 1.5% surcharge.

You would think they would make it cheaper to encourage more cashless payments, but they operate like drug pushers, first get you addicted to the convenience and trendiness of it, then make you pay extra for it.

Quite similar to more convenient to enter malls and restaurants if u r vaccinated.