Digital Resilience Bonus

 EPOS Package Solutions Qualify For Bonus Payout Of Up To $10,000

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What Is Digital Resilience Bonus?

The Digital Resilience Bonus is a bonus payout to encourage more enterprises to upgrade and improve their digital capabilities. At the moment it is eligible for selected Food Service and Retail Sector business owner. The scheme was introduced on the 1 Jun 2020 and will last until 30 Jun 2021.

The DRB payout is split into 3 different categories with 3 separate bonus payout. Businesses that adopt the necessary digital solution from pre approved vendor can receive the category payout. By adopting digital solution across all categories, businesses can receive up to $10,000.

How Do I Qualify And Apply?

Eligibility

To be eligible for DRB your enterprise must fall under the Food Service or Retail Sector. From there the eligibility criteria for both sector differs slightly. By using pre-determined solution from approved vendor for each category and submitting evidence of solution usage, your business will be eligible for the payout.

Application

You do not need to apply or submit any forms for the DRB if you’re using an EPOS technological solution, we will do it for you. Providers of Qualified Solution will submit your UEN to IMDA and if you’re using the solution between 1 Jun 2020 and 30 June 2021, IMDA will approve and credit the Bonus into your PayNow Corporate account.

Industry Type?

Food service

There are up to 3 different categories with their own eligibility criteria, and you can claim up to $10,000 if your business uses the qualified solutions at least once a month.

Retail sector

There are up to 3 different categories with their own eligibility criteria, and you can claim up to $10,000 if your business uses the qualified solutions at least once a month.

When Will I Receive The Bonus Payout?

Payouts to qualified enterprises will start from August 2020.

Processing time will take about 1 month, upon the submission of UENs by Providers of Qualified Solutions (or Supporting Banks) to IMDA.

For further details on the DRB, visit IMDA official information webpage.

About EPOS

Branding

EPOS is Singapore’s leading POS vendor that is pre-approved for several different grant and scheme, Digital Resilience Bonus included.

If you’re interested in a POS System to help improve your business and would like to know more about the DRB and other governmental grant, feel free to reach out to us.

Find Out More

EPOS is currently the only pre-approved vendor for the Digital Resilience Bonus, Category 3 – Data Mining and Analytics (Retail).

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