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POSB Smart Buddy
At a Glance
Smart Buddy is the world’s first in-school savings and payments wearable on your child’s wrist. It lets your child tap to pay in school and at selected merchants, check on balances, and track fitness levels. All with a tap on the terminal or a simple push of a button.
Paired with a mobile app, you can instantly allocate allowances, check on savings or spending, and be informed of your child’s whereabouts with the bus tracker and in-school locator feature. Most of all, you get to do them all while on the go.
Get your child future-ready by getting his or her school on board now!
$5 Digital Smiley Stamps Promotion
Get 10 free digital Smiley Stamps worth S$5.00 with minimum 5 transactions on your Smart Buddy Watch! Find out more.
Promo ends: 30 June 2018
Features & Benefits
Smart Buddy not only benefits both children and parents, but schools as well. It lets children learn how to manage their money better, and allows parents and schools to give better advice by monitoring the child’s saving and spending habits.
*trial in progress
How it Works
With the POSB Smart Buddy watch, students are also able to track their fitness activity such as steps taken and calories burnt.
Click here to enlarge image.
The schools participating in the POSB Smart Buddy Programme.
|Admiralty Primary School||All|
|Alexandra Primary School||P3 - P4|
|Anchor Green Primary School||P4 - P5|
|Anderson Primary School||All|
|Bedok Green Primary School||All|
|CHIJ (Our Lady Queen of Peace)||TBC|
|CHIJ Katong Convent||Teachers|
|Clementi Primary School||All|
|Concord Primary School||All|
|Delta Senior School||TBC|
|Evergreen Secondary School||TBC|
|Fuhua Primary School||P3 - P5|
|Grace Orchard School||TBC|
|Haig Girls' School||P5|
|Henry Park Primary School||All|
|Jurong West Primary School||All|
|Keming Primary School||Teachers|
|Marsiling Secondary School||TBC|
|Pei Chun Public School||P5 - P6|
|Raffles Girls' Primary School||All|
|Seng Kang Primary School||TBC|
|Shuqun Primary School||P5|
|St Joseph's Institution International||TBC|
|Townsville Primary School||P3 - P6|
|West Spring Primary School||All|
|West View Primary School||TBC|
|Woodlands Ring Primary School||TBC|
|Xingnan Primary School||P1 - P5|
|Zhangde Primary School||TBC|
|Zhonghua Primary School||TBC|
Here are some of the places where you can use your Smart Buddy watch to pay:
Click here to view the full list of NETS Contactless merchants.
Setting up the Smart Buddy Watch
Once you’ve received the Smart Buddy Welcome Pack, download the Smart Buddy Mobile App to get started.
Note: The Smart Buddy mobile app is published by Network for Electronic Transfers (SG) Pte Ltd.
POSB Smart Buddy Watch – Step-by-Step Guide
Frequently Asked Questions
Yes, children may opt to pay using their Smart Buddy Watch or cash at the canteen or bookshop.
No, parents' have the discretion of enrolling their child under the Smart Buddy Programme.
No, registration for Smart Buddy is currently available for participating schools only.
For parents, you need to have a new/existing POSB Savings or DBS Savings/Current Account, which will be tagged to your child’s watch. You're also encouraged to register your child's ePOSBkids account for the auto-transfer of monthly savings.
Yes, the free watch will be sent to your registered mailing address within 1 week upon successful sign up.
Your child may only spend up to the daily allowance you've set on the Smart Buddy Mobile App. The daily allowance may be set at any amount between S$0.10 to S$100.00.
No. Your account will only be deducted when a transaction is made.
E.g. if your child buys a chicken for S$1.50, only S$1.50 will be deducted from your account. Assuming your child doesn't spend the remaining allowance of S$0.50, this amount will be reflected as Allowance Savings under the "Savings" section on the Mobile App.
Yes, your child may user the additional allowance allocated immediately.
You may temporarily disable the Smart Buddy watch by switching the "Disable Account" to "On" under your child's profile. In the event that the watch is found, you may enable it again by switching the "Disable Account" to "Off". To permanently terminate the payment chip, you may contact POSB hotline at 1800 339 6666. There will be a fee of S$30 for a replacement.
No. Any unspent allowance will be reflected as "Allowance Savings" under the "Savings" section on the mobile app.
No, the watch is splash & water resistant. Do advise your child not use the watch in the shower or when he/she goes for a swim.
Media Press Releases
- Straits Times: Pupils go cashless with smartwatches
- Business Times: POSB launches first wearable-tech savings and payments programme for schools
- Channel NewsAsia Online: POSB launches digital watch that teaches students to manage money
- The New Paper: POSB launches smartwatch for pupils to make cashless payments
- TODAY: Watch how you spend, mum and dad are tracking
- Lianhe Zaobao: 19所小学学生 校内用智能手表付款
- Channel 8: 储蓄银行智能手表协助迈向无现金化社会