DBS Bank makes access to cash easier to drive down costs. Posted on 20th December 2016 by Spinnaker In a bid to maintain the accessibility of cash DBS Bank has added another 60 retailer locations to its cash-back programme in Singapore. Customers can now withdraw up to $200 SGD free of charge, with any purchase at over 880 retail locations. The POSB cash back locations can be found at convenience stores and the […] Read More
Cash and taxes in Alaska Posted on 9th December 2016 by Spinnaker Alaska recently voted to legalise marijuana. However, as marijuana sales are still illegal at a federal level in the US, this means many banks and credit unions won’t permit marijuana businesses to open bank accounts. In a tacit acknowledgment of this problem, the Alaskan department of revenue has set up a secure deposit safe in […] Read More
Cash is still King, eh! Posted on 2nd December 2016 by Spinnaker The Canadian Payment Methods and Trends (CPMT) report published in November revealed that Canadians still vastly prefer cash over other forms of payment. However, use of cash is slowing as demands for speed, convenience and loyalty programmes at merchants make themselves felt. In 2015 the payments market grew to 20.9 billion transactions, worth more than […] Read More