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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Other statistics that may interest you Digital payments in Singapore
Overview
3
- Premium Statistic Digital payments transaction value in Southeast Asia 2023, by country and segment
- Premium Statistic Digital payments average transaction in Southeast Asia 2022, by country and segment
- Premium Statistic Digital payments as a share of e-commerce and POS payments APAC 2023, by country
Key indicators
5
- Premium Statistic Most used in-store (POS) payment methods in Singapore 2017-2023, with 2027 forecast
- Premium Statistic Digital payment users in Singapore 2018-2027, by segment
- Premium Statistic Digital payment transaction value in Singapore 2019-2028, by segment
- Premium Statistic Funding for digital payments Singapore 2018-2023, by deals and value
- Premium Statistic E-commerce payment method share Singapore 2021-2027
Bank cards
3
Mobile wallets
3
Online banking and electronic money
6
- Premium Statistic Value of FAST transactions Singapore 2015-2022
- Premium Statistic Volume of FAST transactions Singapore 2015-2022
- Premium Statistic Value of e-money payments Singapore 2020-2022
- Premium Statistic Volume of e-money payments Singapore 2020-2022
- Premium Statistic Consumer preferences for digital versus traditional banks Singapore 2022
- Premium Statistic Reasons for choosing digital banks among consumers Singapore 2022
Other payment services
4
Consumer behavior
5
- Premium Statistic Most used digital payment methods among Singaporeans 2022
- Premium Statistic Usage of mobile contactless payments Singapore 2020-2022
- Premium Statistic Main reasons for e-payment usage among respondents in Singapore 2022
- Premium Statistic Main transaction types using e-payments among respondents in Singapore 2022
- Premium Statistic E-payments apps satisfaction index Singapore 2022
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2C2P. (October 23, 2023). Breakdown of e-commerce payment methods in Singapore between 2021 and 2022, with forecasts for 2024 and 2027 [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1445934/singapore-e-commerce-payment-breakdown/
2C2P. "Breakdown of e-commerce payment methods in Singapore between 2021 and 2022, with forecasts for 2024 and 2027." Chart. October 23, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1445934/singapore-e-commerce-payment-breakdown/
2C2P. (2023). Breakdown of e-commerce payment methods in Singapore between 2021 and 2022, with forecasts for 2024 and 2027. Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1445934/singapore-e-commerce-payment-breakdown/
2C2P. "Breakdown of E-commerce Payment Methods in Singapore between 2021 and 2022, with Forecasts for 2024 and 2027." Statista, Statista Inc., 23 Oct 2023, https://www.statista.com/statistics/1445934/singapore-e-commerce-payment-breakdown/
2C2P, Breakdown of e-commerce payment methods in Singapore between 2021 and 2022, with forecasts for 2024 and 2027 Statista, https://www.statista.com/statistics/1445934/singapore-e-commerce-payment-breakdown/ (last visited June 18, 2024)
Breakdown of e-commerce payment methods in Singapore between 2021 and 2022, with forecasts for 2024 and 2027 [Graph], 2C2P, October 23, 2023. [Online]. Available: https://www.statista.com/statistics/1445934/singapore-e-commerce-payment-breakdown/