{"id":64368,"date":"2017-08-29T18:01:13","date_gmt":"2017-08-29T10:01:13","guid":{"rendered":"http:\/\/techielobang.com\/blog\/?p=64368"},"modified":"2017-08-29T18:01:13","modified_gmt":"2017-08-29T10:01:13","slug":"posb-smart-buddy-programme","status":"publish","type":"post","link":"https:\/\/techielobang.com\/blog\/2017\/08\/29\/posb-smart-buddy-programme\/","title":{"rendered":"Everything about POSB Smart Buddy Programme"},"content":{"rendered":"<p>I believe many might have read about POSB Smart Buddy programme recently, here is some more information on it. Personally, I like the idea of POSB Smart Buddy as it helps the students to understand how to spend and save wisely.<\/p>\n<figure id=\"attachment_64369\" aria-describedby=\"caption-attachment-64369\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"64369\" data-permalink=\"https:\/\/techielobang.com\/blog\/2017\/08\/29\/posb-smart-buddy-programme\/8_posb-smart-buddy_students-with-watches_2\/\" data-orig-file=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/8_POSB-Smart-Buddy_Students-with-watches_2.jpg?fit=600%2C337&amp;ssl=1\" data-orig-size=\"600,337\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"8_POSB Smart Buddy_Students with watches_2\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/8_POSB-Smart-Buddy_Students-with-watches_2.jpg?fit=300%2C169&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/8_POSB-Smart-Buddy_Students-with-watches_2.jpg?fit=600%2C337&amp;ssl=1\" class=\"wp-image-64369 size-full\" src=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/8_POSB-Smart-Buddy_Students-with-watches_2.jpg?resize=600%2C337\" alt=\"\" width=\"600\" height=\"337\" srcset=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/8_POSB-Smart-Buddy_Students-with-watches_2.jpg?w=600&amp;ssl=1 600w, https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/8_POSB-Smart-Buddy_Students-with-watches_2.jpg?resize=300%2C169&amp;ssl=1 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption id=\"caption-attachment-64369\" class=\"wp-caption-text\">Admiralty Primary School students show off their POSB Smart Buddy watches<\/figcaption><\/figure>\n<p><!--more--><\/p>\n<h2><strong>What is POSB Smart Buddy Programme (\u50a8\u84c4\u94f6\u884c\u667a\u80fd\u4f19\u4f34\u8ba1\u5212)<\/strong><\/h2>\n<ul>\n<li>World&#8217;s first in-school wearable tech savings and payments programme by POSB<\/li>\n<li>The programme outfits schools with digital payment infrastructure, provides students watches with digital payment and fitness tracking capabilities and comes with a mobile app for parents.<\/li>\n<li>Current 6,000 students are participating in the programme.<\/li>\n<\/ul>\n<h2><strong>How Does POSB Smart Buddy Programme Works<\/strong><\/h2>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"64370\" data-permalink=\"https:\/\/techielobang.com\/blog\/2017\/08\/29\/posb-smart-buddy-programme\/posb-smart-buddy-work\/\" data-orig-file=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/posb-smart-buddy-work.jpg?fit=600%2C424&amp;ssl=1\" data-orig-size=\"600,424\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"posb-smart-buddy-work\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/posb-smart-buddy-work.jpg?fit=300%2C212&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/posb-smart-buddy-work.jpg?fit=600%2C424&amp;ssl=1\" class=\"aligncenter size-full wp-image-64370\" src=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/posb-smart-buddy-work.jpg?resize=600%2C424\" alt=\"\" width=\"600\" height=\"424\" srcset=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/posb-smart-buddy-work.jpg?w=600&amp;ssl=1 600w, https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/posb-smart-buddy-work.jpg?resize=300%2C212&amp;ssl=1 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>Here is a video on how it works and how this programme helps the students, parents and even the vendors in the schools.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/RNNBcbxEs30?rel=0\" width=\"600\" height=\"338\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h2><strong>What are the benefits of this programme<\/strong><\/h2>\n<ol>\n<li><b><span lang=\"EN-GB\">Teaching students how to save and manage expenses<\/span><\/b><span lang=\"EN-GB\">: Daily transactions are tracked on the POSB Smart Buddy app (with a three-month transaction history provided), so students can monitor their savings and spending patterns over time. Students can create their own savings goals on the app, with completed goals recorded as badges. They can also buy digital Smiley Stamps at 50 cents each at their school bookstore to complete their digital stamp savings card. Once the card is complete, the savings will be automatically transferred to their POSBkids savings account. Finally, students can also use the watch to pay for purchases at all merchants with NETS contactless terminals, such as POPULAR bookstores.<u><\/u><u><\/u><\/span><\/li>\n<li><u><\/u><b><span lang=\"EN-GB\">Greater convenience for parents, coupled with security<\/span><\/b><span lang=\"EN-GB\">: Parents can link their savings account with the POSB Smart Buddy app and effectively manage their child\u2019s spending by setting a daily allowance limit. They can also view their child\u2019s purchases in real-time, and increase the daily allowance limit remotely for emergency spending money. Accumulated savings can be automatically transferred into their child\u2019s POSBkids account. If the child loses their watch, parents can remotely disable the devices in an instant.<u><\/u><u><\/u><\/span><\/li>\n<li><u><\/u><b><span lang=\"EN-GB\">Fitness and health tracking<\/span><\/b><span lang=\"EN-GB\">: The POSB Smart Buddy watch also doubles as a fitness tracker and can track students\u2019 daily steps, distance travelled, and calories burnt. Parents can in turn check in their child\u2019s fitness using the app.<u><\/u><u><\/u><\/span><\/li>\n<li><u><\/u><b><span lang=\"EN-GB\">Financial assistance scheme (FAS) support<\/span><\/b><span lang=\"EN-GB\">: Working with schools, the programme automatically credits students on FAS with their subsidies and allowances \u2013 replacing the usual coupons or vouchers. Support is therefore provided discreetly to needy students.<u><\/u><u><\/u><\/span><\/li>\n<li><u><\/u><b><span lang=\"EN-GB\">(Upcoming features) Location tracker and biometric feature<\/span><\/b><span lang=\"EN-GB\">: The programme may soon feature an i<\/span>n-school locator, which allows parents to track their child\u2019s location within the school compound (canteen, library, classroom, etc.), and a school bus locator where parents can track the real-time location of the bus and be notified when their child boards or alights from the school bus. Both features are currently in the testing phase. Plans are also underway to introduce a biometric payment solution, to provide an even simpler payment journey.<\/li>\n<\/ol>\n<p>I especially like the feature that the accumulated savings can be automatically transferred to the children&#8217;s POSBkids account.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Find out More about POSB Smart Buddy Programme<\/strong><\/h2>\n<p>Schools or parents who wish to find out more about the POSB Smart Buddy programme can visit\u00a0<a href=\"http:\/\/www.posb.com.sg\/smartbuddy\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=http:\/\/www.posb.com.sg\/smartbuddy&amp;source=gmail&amp;ust=1503943301265000&amp;usg=AFQjCNHZ8s9e7VfuQrEzGA4uVwYADNlNew\">www.posb.com.sg\/smartbuddy<\/a>\u00a0or email\u00a0<a href=\"mailto:posbsmartbuddy@dbs.com\" target=\"_blank\" rel=\"noopener\">posbsmartbuddy@dbs.com<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>[ad#img]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is some more information on it. Personally, I like the idea of POSB Smart Buddy as it helps the students to understand how to spend and save wisely..<\/p>\n","protected":false},"author":1,"featured_media":64369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_links_to":"","_links_to_target":""},"categories":[1509,1515,4,61,14,11589],"tags":[15886,2075,3051,4163,2140,15965,15964,282,15963,7929,3072,15952],"class_list":["post-64368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-gadget","category-information","category-local","category-techie","category-wearable","tag-cashless","tag-dbs","tag-nets","tag-payment","tag-posb","tag-savings","tag-schools","tag-singapore","tag-smart-buddy","tag-students","tag-vendor","tag-wearable"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2017\/08\/8_POSB-Smart-Buddy_Students-with-watches_2.jpg?fit=600%2C337&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p8YKZ-gKc","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/techielobang.com\/blog\/wp-json\/wp\/v2\/posts\/64368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techielobang.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techielobang.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techielobang.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/techielobang.com\/blog\/wp-json\/wp\/v2\/comments?post=64368"}],"version-history":[{"count":2,"href":"https:\/\/techielobang.com\/blog\/wp-json\/wp\/v2\/posts\/64368\/revisions"}],"predecessor-version":[{"id":64372,"href":"https:\/\/techielobang.com\/blog\/wp-json\/wp\/v2\/posts\/64368\/revisions\/64372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techielobang.com\/blog\/wp-json\/wp\/v2\/media\/64369"}],"wp:attachment":[{"href":"https:\/\/techielobang.com\/blog\/wp-json\/wp\/v2\/media?parent=64368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techielobang.com\/blog\/wp-json\/wp\/v2\/categories?post=64368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techielobang.com\/blog\/wp-json\/wp\/v2\/tags?post=64368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}