Allow e-wallets to access PayNow

I use a Grab account, which is technically an e-wallet, and can confirm that GrabPay makes cashless payments easy (GrabPay to extend e-payments to food, retail, other services; Aug 31).

I hope that the Association of Banks in Singapore, which launched the PayNow system, can provide an application programming interface to allow bank customers to transfer funds to their e-wallets using PayNow.

At present, PayNow is provided free of charge. At a later date, I expect that the banks will levy a fee for its use.

This fee is likely to be lower than credit card charges, which are now a deterrent to cashless payments.