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Change in payment methods used due to COVID-19 pandemic in Singapore in 2021

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Source

Release date

July 2021

Region

Singapore

Survey time period

June 2021

Number of respondents

1,737 respondents

Age group

16 years and older

Method of interview

Online survey

Citation formats

Change in payment methods due to COVID-19 Singapore 2021

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 7, 2022
According to a payments survey conducted in Singapore in June 2021, the COVID-19 pandemic appears to have changed user preferences, with a decrease from ** percent to ** percent in cash use. This shift seems to have been in favor of peer-to-peer payments with an increase from ** percent to ** percent and mobile wallet use, rising from ** percent to ** percent.
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