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24 Feb 2022  (88 Views) 
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Singapore Exchange


Switch to e-statements, e-notifications and e-bills may penalise some seniors

I refer to the letters, "Charged extra by telco for not switching to e-bill", Feb 16, and "Seniors can receive bills in the mail for free", Feb 18.

The Singapore Exchange (SGX) ceased its paper-based statements and notifications from Feb 1.

In a letter I received in December, SGX said that those who would like to continue receiving paper statements and notifications can subscribe to a paper service at $25.68 for a 12-month period.

By forcing customers to switch to e-statements, e-notifications and e-bills, companies penalise seniors who may not be comfortable with accessing statements and bills digitally.

Oei Khoen Hwa

Source: https://www.straitstimes.com/opinion/forum/forum-switch-to-e-statements-e-notifications-and-e-bills-may-penalise-some-seniors


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