Digital red packets proving popular in S’pore during CNY as more look to beat queues for fresh notes

By Sherlyn Sim

eWallet
Wednesday, 25 Jan 2023
2:05 PM MYT

Related News

Singapore 1h ago

Ex-Singapore cop faces 15 charges over sex offences involving at least six boys, producing child porn

Living 4h ago

Weekend hikes keep this Singapore-based Malaysian connected to his hometown friends

Singapore 6h ago

Singapore prison officer accused of taking bribes to smuggle nude photos, prescription drugs to inmate

DBS saw 30% more unique users of QR gift cards during Chinese New Year in 2023 compared to that of 2022. — DBS Bank Ltd/The Straits Times/ANN

SINGAPORE: Digital red packets are giving the physical hongbao a fight for their money this Chinese New Year with banks in Singapore saying more customers are opting for electronic transfers because of convenience and the ability to gift in auspicious numbers.

Latest figures from local banks indicate a rise in e-gifting solutions, with some banks seeing customer adoption hitting a record high over the Chinese New Year period.

Topic:

Singapore eWallet Banking Mobile apps Fintech

Is this article useful?

100% of our readers find this article useful

Report a mistake

What is the issue about?

Spelling and grammatical error

Factually incorrect

Story is irrelevant

Email (optional)

Thank you for your report!

Next In Tech News

Dutch watchdog postpones ruling on Apple fees on dating apps, awaits EU action

Intel shares slide on quarterly loss, foundry business exit risk

Uber's new 'senior accounts' aimed at helping elderly people travel

Amazon shuts down Shanghai AI lab, says source

Irish watchdog threatens X over adult content controls

US officials: US$17mil lost in ATM scam that spread on TikTok

Samsung in talks to expand smartphone AI beyond Google’s Gemini

Fake water leak alert lures Hongkonger, 70, into HK$4mil online love scam

Trump's order to block 'woke' AI in government encourages tech giants to censor their chatbots

Google ordered to pay Argentine pictured naked in his yard

Others Also Read

Corporate News50m ago

CTOS posts 2Q net profit of RM21.16mil

Corporate News53m ago

Sunway REIT completes acquisition of Sunway Seri Manjung Mall

Entertainment55m ago

'Lilo & Stitch' becomes Hollywood's first US$1bil movie of 2025

Nation1h ago

It wasn't so easy to cut RON95 price, says PM Anwar

STARPICKS

HONOURING 30 YEARS OF EXTRAORDINARY MALAYSIANS

starplus19 Jul 2025

MULTIMEDIA: Social media leads the way for Chinese tourists in Malaysia

Nation1h ago

Police collect over RM44,000 in traffic summonses from foreigners in Padang Besar

Nation1h ago

Fill them up STAT!: PM tells MOH to speed up recruitment to fill 4,000 doctor vacancies, says Fahmi

Motorsport1h ago

Motor racing-Piastri has learnt from costly Silverstone penalty

Cambodia1h ago

Cambodia the victim of Thai territorial ambitions, says govt spokesman

Metro News1h ago

Don’t take part in July 26 gathering, Selangor civil servants told

Philippines1h ago

State of Nation Address 2025: Marcos under scrutiny as presidency hits halfway mark

StarPicks

HONOURING 30 YEARS OF EXTRAORDINARY MALAYSIANS

THE Malaysia Book of Records (MBR) celebrated its 30th anniversary with a black-tie gala that recognised 91 national record holders across sports, business and media as well as arts, science and social impact.

Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-PWHI	0.195	0.210	0.195	0.205	0.015	7.89	1,936,176
HSI-CWGX	0.250	0.250	0.230	0.230	-0.035	-13.21	1,730,445
HSI-CWGI	0.170	0.170	0.155	0.155	-0.030	-16.22	1,700,156
HSI-PWHV	0.180	0.200	0.175	0.185	0.010	5.71	1,400,245
HSI-CWGS	0.140	0.140	0.120	0.120	-0.025	-17.24	1,397,471
NEXG	0.515	0.530	0.515	0.525	0.010	1.94	996,383
FOCUS	0.010	0.010	0.005	0.010	0.000	0.00	868,755
ZETRIX	0.915	0.920	0.905	0.910	-0.005	-0.55	607,583
HSI-PWJF	0.140	0.150	0.140	0.145	0.005	3.57	490,787
TANCO	0.915	0.920	0.910	0.915	0.000	0.00	462,506
VELESTO	0.185	0.190	0.185	0.185	0.005	2.78	455,496
LCTITAN	0.700	0.730	0.675	0.695	-0.010	-1.42	381,126
ZETRIX-C9K	0.070	0.070	0.070	0.070	-0.080	-53.33	271,087
PHARMA	0.220	0.225	0.215	0.220	0.000	0.00	202,221
TENAGA	13.860	13.920	13.420	13.600	-0.340	-2.44	195,902

Digital red packets proving popular in S’pore during CNY as more look to beat queues for fresh notes

BOOSTING GLOBAL COMPETITIVENESS�

Next In Tech News

Others Also Read

CTOS posts 2Q net profit of RM21.16mil

Sunway REIT completes acquisition of Sunway Seri Manjung Mall

'Lilo & Stitch' becomes Hollywood's first US$1bil movie of 2025

It wasn't so easy to cut RON95 price, says PM Anwar

HONOURING 30 YEARS OF EXTRAORDINARY MALAYSIANS

MULTIMEDIA: Social media leads the way for Chinese tourists in Malaysia

Police collect over RM44,000 in traffic summonses from foreigners in Padang Besar

Fill them up STAT!: PM tells MOH to speed up recruitment to fill 4,000 doctor vacancies, says Fahmi

Motor racing-Piastri has learnt from costly Silverstone penalty

Cambodia the victim of Thai territorial ambitions, says govt spokesman

Don’t take part in July 26 gathering, Selangor civil servants told

State of Nation Address 2025: Marcos under scrutiny as presidency hits halfway mark

StarPicks

HONOURING 30 YEARS OF EXTRAORDINARY MALAYSIANS

Allianz and p-hailing platforms unite for rider safety

Market Summary

FBM KLCI

28,594,272

Market Movers

Want to listen to full audio?

Thank you for downloading.

Digital red packets proving popular in S’pore during CNY as more look to beat queues for fresh notes

Related News

Subscribe now and get 30% off The Star Yearly Plan

Monthly Plan

Annual Plan

Related stories:

Related News

Next In Tech News

Others Also Read

Trending in Tech

Market Summary

FBM KLCI

28,594,272

Want to listen to full audio?

Thank you for downloading.