AI Summarisation
In 2023, there were instances of mistaken PayNow transfers in Singapore. However, the exact number of reported cases isn’t readily available. When such errors occur, the person who made the mistake bears the cost of reversing it, whether in terms of legal expenses or time spent1. If you’ve encountered a similar situation, it’s essential to double-check before transferring funds to avoid complications2. π€
My Thoughts
- Always wondered how many people make mistakes using PayNow transfers.
- Especially people like me with Presbyopia (Lao Hua), we can't see the mobile screens clearly and might make some mistakes.
- One way for prevention is that Shops can have big and clear Payment Screens with QR Code scan feature that auto populates the figures for you. Some do have small devices that support this but not all do. Likely due to device costs?
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