Value of PayNow transactions Singapore 2018-H1 2021

Published by Lucas Romero, Dec 15, 2022
As of the first half of 2021, the value of PayNow transactions in Singapore amounted to around 20 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.

Value of PayNow transactions in Singapore from 2018 to 1st half of 2021 (in billion Singapore dollars)

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Source

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Release date

October 2021

Region

Singapore

Survey time period

2018 to H1 2021

Supplementary notes

1 Singapore dollar is equal to 0.74 U.S. dollars and 0.67 euros as of March 2022.

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.

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