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Chitchat Make me a proposal - so cool

scroobal

Alfrescian
Loyal
With the World's highest paid government and highest paid civil service on a per capita basis, it took a chestnut street hawker in China to tell our PM that he is missing more than a beat.

Now trying to act cool knowing full well that his wife invested in Razer in a big way via Temasek.

My advice to him is to spend the afternoons with Khaw to help him with his never-ending saga of delays and mishaps that began with some duty free expert from Malaysia with an extremely bad hairdo that his wife hired with no background in transport, engineering or even management. A saga that began in 2011, and it is 6 years and we already lost 2 Ministers of Transport and the current one is intellectually dishonest when it comes to statistics and performance and there is still no light at the end of the tunnel.

Leave the cool stuff to others. Reign in your wife for god sake.


http://www.straitstimes.com/singapo...onds-to-razer-ceos-tweets-on-e-payment-system

'Make me a proposal': PM Lee responds to Razer CEO Tan Min-Liang's tweets on e-payment system
When Prime Minister Lee Hsien Loong tweeted about the need for one single e-payment system in the country, Razer boss Tan Min-Liang took him on.

PUBLISHED2 HOURS AGO

Fabian Koh
SINGAPORE - When Prime Minister Lee Hsien Loong tweeted about the need for one single e-payment system in the country during his National Day Rally speech, the Singaporean boss of Razer, a successful gaming tech company, took him on.

PM Lee tweeted on Aug 20: "In Singapore we do have e-payments, but too many schemes & systems - inconvenient for consumers and costly for businesses."

On Tuesday (Aug 22), Razer chief executive officer Tan Min-Liang tweeted back at the Prime Minister, saying he can get such a system "rolled out nationwide in 18 months".

PM Lee responded on Wednesday (Aug 23), thanking Mr Tan and saying: "Make me a proposal, and I will study it seriously."

Carousell chief executive officer Siu Rui Quek also followed Mr Tan's lead, saying his online marketplace firm would also be "happy to do our part too".

Razer currently has its own e-payment service and digital currency called zGold for in-game transactions, website Tech In Asia reported. Razer had bought a 19.9 per cent stake in Malaysian gaming payments provider MOL in June, to convert its regional cashless payment system into the zGold service.
 

virus

Alfrescian
Loyal
mr tan should ask him if he want only sexy massage or yi tiao long? but no CIM, no anal and no RAW. more important, cheena n gay not allowed
 

CoffeeAhSoh

Alfrescian
Loyal
Our City State is just too small to make any type of e-payment profitable for its

operator :


btw population 5.5 million = e payment user less than 0.5 million...


how to compare with China or even its big cities ???



the govt got to take the leads :


SINGAPORE - When Prime Minister Lee Hsien Loong tweeted about the need for one single e-payment system in the country during his National Day Rally speech, the Singaporean boss of Razer, a successful gaming tech company, took him on.
 

Satyr

Alfrescian
Loyal
Our City State is just too small to make any type of e-payment profitable for its

operator :


btw population 5.5 million = e payment user less than 0.5 million...


how to compare with China or even its big cities ???



the govt got to take the leads :


SINGAPORE - When Prime Minister Lee Hsien Loong tweeted about the need for one single e-payment system in the country during his National Day Rally speech, the Singaporean boss of Razer, a successful gaming tech company, took him on.

With so many examples from around the world to look at, why is this even a problem? Except that so many cronies invested in legacy systems are stubling blocks.
 

nayr69sg

Super Moderator
Staff member
SuperMod
Ah...the modus operandi of the Singapore gahment. They will "study" the proposal seriously, then reject it. And in 18 months a govt stat board (DBS?) will have a suspiciously similar system rolled out nationwide.

Is innovestor still lurking in this forum?
 

gatehousethetinkertailor

Alfrescian
Loyal
With the World's highest paid government and highest paid civil service on a per capita basis, it took a chestnut street hawker in China to tell our PM that he is missing more than a beat.

Now trying to act cool knowing full well that his wife invested in Razer in a big way via Temasek.

My advice to him is to spend the afternoons with Khaw to help him with his never-ending saga of delays and mishaps that began with some duty free expert from Malaysia with an extremely bad hairdo that his wife hired with no background in transport, engineering or even management. A saga that began in 2011, and it is 6 years and we already lost 2 Ministers of Transport and the current one is intellectually dishonest when it comes to statistics and performance and there is still no light at the end of the tunnel.

Leave the cool stuff to others. Reign in your wife for god sake.


http://www.straitstimes.com/singapo...onds-to-razer-ceos-tweets-on-e-payment-system

'Make me a proposal': PM Lee responds to Razer CEO Tan Min-Liang's tweets on e-payment system
When Prime Minister Lee Hsien Loong tweeted about the need for one single e-payment system in the country, Razer boss Tan Min-Liang took him on.

PUBLISHED2 HOURS AGO

Fabian Koh
SINGAPORE - When Prime Minister Lee Hsien Loong tweeted about the need for one single e-payment system in the country during his National Day Rally speech, the Singaporean boss of Razer, a successful gaming tech company, took him on.

PM Lee tweeted on Aug 20: "In Singapore we do have e-payments, but too many schemes & systems - inconvenient for consumers and costly for businesses."

On Tuesday (Aug 22), Razer chief executive officer Tan Min-Liang tweeted back at the Prime Minister, saying he can get such a system "rolled out nationwide in 18 months".

PM Lee responded on Wednesday (Aug 23), thanking Mr Tan and saying: "Make me a proposal, and I will study it seriously."

Carousell chief executive officer Siu Rui Quek also followed Mr Tan's lead, saying his online marketplace firm would also be "happy to do our part too".

Razer currently has its own e-payment service and digital currency called zGold for in-game transactions, website Tech In Asia reported. Razer had bought a 19.9 per cent stake in Malaysian gaming payments provider MOL in June, to convert its regional cashless payment system into the zGold service.

Screenshot for convenience - what the heck was his Minister for Smart Nation doing all those years?

ScreenShot2017-08-23at11.09.18PM171a7.png
 

JohnTan

Alfrescian (InfP)
Generous Asset
There is already a good system in NETS and credit cards like Visa paywave. Why not ride on it by reducing transaction fees so that more merchants are willing to install card machines or QR codes for transactions?

The infrastructure is not exactly a new science. The issue is the hidden costs that the merchants have to bear. As a towkay, I too prefer cash transactions as they reduce my costs.
 

SalahParking

Alfrescian
Loyal
They want to try to connect the 'last mile' in e-payments management along chain that starts from your chicken rice stall. They want to know how many plates you sold that day. Its too late, the window was wide open a decade ago. Foresight indeed.
 

tanwahtiu

Alfrescian
Loyal
What lah. Top king of copycat pap are just waiting for other nations to perfect the game. Then copy it hire their tech w pay more come over.

Then later claim Singapore can be Hub centre for e oayment commerce ir fintech.
 

scroobal

Alfrescian
Loyal
When Singapore created nets, people including the likes of Visa, Mastercard, Amex etc thought it will never work. Today it is taken for granted. It was truly cashless but linked to a bank account. We were one of the pioneers.

Australia has a first class bill payment system for nearly 40 years that allows people to pay school fees, utilities, invoices etc from the comfort of their homes with the need to queue up called Pay.

Its not about numbers or sizes as infrastructure as these are existing - phone, internet etc. The country just has to create the protocol. Australia has company that is owned by banks, their central bank and our financial partners that designs and builds their banking infrastructure.



Our City State is just too small to make any type of e-payment profitable for its

operator :


btw population 5.5 million = e payment user less than 0.5 million...


how to compare with China or even its big cities ???



the govt got to take the leads :


SINGAPORE - When Prime Minister Lee Hsien Loong tweeted about the need for one single e-payment system in the country during his National Day Rally speech, the Singaporean boss of Razer, a successful gaming tech company, took him on.
 

scroobal

Alfrescian
Loyal
Exactly.

In fact the Applypay and Samsunpay already uses the phone and an ewallet. These are already in place, just need to extend it.


There is already a good system in NETS and credit cards like Visa paywave. Why not ride on it by reducing transaction fees so that more merchants are willing to install card machines or QR codes for transactions?

The infrastructure is not exactly a new science. The issue is the hidden costs that the merchants have to bear. As a towkay, I too prefer cash transactions as they reduce my costs.
 

creampie

Alfrescian
Loyal
Exactly.

In fact the Applypay and Samsunpay already uses the phone and an ewallet. These are already in place, just need to extend it.

Thats all well and good but the PAP will not allow a foreign company to hold all the financial purchasing data of its citizens. Big brother wants a system it can control
 

The_Hypocrite

Alfrescian (Inf)
Asset
Our City State is just too small to make any type of e-payment profitable for its

operator :


btw population 5.5 million = e payment user less than 0.5 million...


how to compare with China or even its big cities ???



the govt got to take the leads :


SINGAPORE - When Prime Minister Lee Hsien Loong tweeted about the need for one single e-payment system in the country during his National Day Rally speech, the Singaporean boss of Razer, a successful gaming tech company, took him on.

It's the integration that is important..HK got octopus card..n HK has a 7 million popn...and the octopus card works well.... Singkies popn is enough for critical mass...how come smart card Cannot do the job of octopus card?
 

virus

Alfrescian
Loyal
What lah. Top king of copycat pap are just waiting for other nations to perfect the game. Then copy it hire their tech w pay more come over.

Then later claim Singapore can be Hub centre for e oayment commerce ir fintech.

U r right, chennai cashless hub will b there to take the cake n snake gupta will then move it to another snake city assuring u no jobs will b lost becos they alrdy lost on day 1
 
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