SINGAPORE - DBS has rolled out financial and healthcare solutions to help hard-hit gig economy workers better manage their savings and healthcare costs amid the coronavirus pandemic.
The bank recently lowered the minimum transaction threshold and added DBS PayLah! to the list of transaction modes that can unlock a higher interest rate on Multiplier accounts, enabling customers, including gig workers, to shore up their savings. With the changes, customers get to upsize the interest earned while having the flexibility of paying their bills, ordering meals, taking transport rides, among other things, from over 80,000 merchants and service providers on the DBS PayLah! platform, said the lender.
The bank said customers can get exclusive member consultation rates and other healthcare benefits via the healthcare portal. They are able to sign up for bundled deals that will give them and their family members instant coverage should they fall ill, get injured or undergo health screenings or vaccinations.