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미래전략 연구소2020-08-05T16:50:09+09:00


2020-07-27 11:35
Latest Fortitude Budget as announced at May 2020



1. Boosting e-payment adoption

Bonus of $300 per month over 5 months to encourage adoption of e-payments by stallholders in
  • Hawker centres
  • Wet markets
  • Coffee shops
  • Industrial canteens

The Government will now boost its support for stallholders in hawker centres (including cooked food and wet market stalls), coffee shops, and industrial canteens to adopt this unified e-payment solution. In the next phase, agencies will prioritise the deployment of Singapore Quick Response Codes (SGQRs) for contactless payments. Stallholders will only need to sign up once with the master acquirer, NETS. Through the SGQR, stallholders will be able to receive payments through 19 different providers, which include Dash, GrabPay, and local bank offerings such as DBS PayLah!. Stallholders can still request for payment terminals if they wish.

A bonus of up to $1,500 ($300 per month, over a period of five months) will be given to encourage stallholders to adopt this e-payment solution. The bonus is contingent on sustained use of the e-payment solution, with a minimum number of e-payment transactions per month. The Government will also bear the transaction fees (i.e. merchant discount rate payable by merchants) until 31 December 2023.

At the same time, to drive e-payment usage at these stalls, the Government will continue to engage customers through education and marketing efforts with private sector partners.


  • Pilot starting with Food Services and Retail sectors
  • Payout of up to $5,000 to help businesses digitalise with:
  • PayNow Corporate, e-invoicing, business process or e-commerce solutions
  • Additional payout of $5,000 for businesses that use advanced solutions

The Digital Resilience Bonus provides additional support to enterprises seeking to uplift their digital capabilities to adapt to safe management practices after the circuit breaker period. As a pilot, the Bonus will be targeted at the Food Services and Retail sectors. There is a greater urgency for these sectors to digitalise and adapt quickly due to the consumer-facing nature of their businesses.

Food Services and Retail enterprises that adopt pre-defined categories of digital solutions can receive bonus payouts of up to $10,000 to offset the cost of adoption (Table 1). More details will be announced at a later date.


Table 1: Solution categories and Digital Resilience Bonus quantum


Category 1
Category 2 ($2,500)

Category 3 ($5,000)

Food ServicesPayNow Corporate and e-invoicingBusiness process solutions:

(i) Accounting;

(ii) HR/Payroll; AND

(iii) Digital ordering (dine-in/takeaway)
Digital presence:

online food delivery (via food delivery platforms or own online shopfront) or e-procurement
Data-driven operations: data mining and analytics


PayNow Corporate and e-invoicing(i) Accounting;

(ii) HR/Payroll; AND

(iii) Inventory management
Digital presence:

Data-driven operations: data mining and analytics

Enterprises that adopt qualifying solutions in any one of the three categories, on top of baseline solutions, will receive bonus payouts for the respective categories. For example, an enterprise that adopts baseline, Category 1 and Category 2 solutions, will receive a total bonus payout of $5,000. An enterprise can receive up to $10,000, for adopting solutions across all categories (inclusive of baseline category). More details on qualifying conditions will be announced at a later date.