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Share of payment transactions value in Singapore in 2020, with forecasts for 2025, by instrument

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Source

Release date

May 2021

Region

Singapore

Survey time period

2020

Supplementary notes

The figures have been rounded.

Citation formats

Share of payment transactions value Singapore 2020-2025, by instrument

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 30, 2022
In 2020, paper-based payments accounted for **** percent of payment transactions valued in U.S. dollars in Singapore, and this figure is predicted to drop to **** percent by 2025. Singaporeans are switching from paper-based payments to real-time digital payments, as well as mobile wallets.
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