E-commerce payment method share Singapore 2021-2027

Published by Lucas Romero, Jan 24, 2024
In 2022, cards and domestic payments were the leading payment methods for purchases via e-commerce among people in Singapore, accounting for 73 percent of the e-commerce payment share each. Apart from card payments, mobile wallets are among the popular payment methods for online shopping in the country.

Breakdown of e-commerce payment methods in Singapore between 2021 and 2022, with forecasts for 2024 and 2027

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Release date

October 2023

Region

Singapore

Survey time period

2022

Supplementary notes

*Forecast.

**Include both credit and debit cards.
***Include real-time payment (RTP) schemes, local payments, and online banking transfers through a variety of platforms.

Figures prior to 2022 were from previous reporting.

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Statistics on " Digital payments in Singapore "

The most important statistics
The most important statistics
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Other statistics that may interest you Digital payments in Singapore

Overview

3

Key indicators

5

Bank cards

3

Mobile wallets

3

Online banking and electronic money

6

Other payment services

4

Consumer behavior

5

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Topics

Digital payments in Singapore Internet usage in SingaporeSmartphones in SingaporeFintech in Singapore5G in Singapore
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
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Starter Account

For single users
$199 USD
per month, billed annually 1
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For teams up to 5 people
$959 USD
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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

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