One Singapore dollar equals approximately 0.74 euros and 0.71 U.S. dollars (as of February 2025). Â
According to the source, SGQR is the world’s first unified payment QR code. It combines multiple payment QR codes into a single SGQR label, making QR payments simple for both consumers and merchants.
The figures have been rounded.
Citation formats
Value of credit and debit card payments Singapore 2018-2023
As of 2023, the value of credit and debit card payments in Singapore amounted to around *** billion Singapore dollars. A wide range of e-payment options are available in Singapore, including PayNow, PayNow Corporate, and SGQR, as well as credit and debit cards.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
MAS. (January 3, 2025). Value of credit and debit card payments in Singapore from 2018 to 2023 (in billion Singapore dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 26, 2026, from /statistics/1298697/singapore-credit-and-debit-card-payments-value/
MAS. "Value of credit and debit card payments in Singapore from 2018 to 2023 (in billion Singapore dollars)." Chart. January 3, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 26, 2026. /statistics/1298697/singapore-credit-and-debit-card-payments-value/
MAS. (2025). Value of credit and debit card payments in Singapore from 2018 to 2023 (in billion Singapore dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 26, 2026. /statistics/1298697/singapore-credit-and-debit-card-payments-value/
MAS. "Value of Credit and Debit Card Payments in Singapore from 2018 to 2023 (in Billion Singapore Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 3 Jan 2025, /statistics/1298697/singapore-credit-and-debit-card-payments-value/
MAS, Value of credit and debit card payments in Singapore from 2018 to 2023 (in billion Singapore dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1298697/singapore-credit-and-debit-card-payments-value/ (last visited July 26, 2026)
Value of credit and debit card payments in Singapore from 2018 to 2023 (in billion Singapore dollars) [Graph], MAS, January 3, 2025. [Online]. Available: /statistics/1298697/singapore-credit-and-debit-card-payments-value/