According to a report published by PPRO, 52 percent of the e-commerce purchases in Singapore were paid for by card as of 2022. With the banked population reaching almost 100 percent of the total population, card payments have become the preferred option than in-cash payments, due to its convenience and safety.
Distribution of payment methods for online transactions in Singapore in 2022, by type
Characteristic
Share of online transactions
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PPRO. (April 18, 2023). Distribution of payment methods for online transactions in Singapore in 2022, by type [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1176925/singapore-online-payment-methods-by-type/
PPRO. "Distribution of payment methods for online transactions in Singapore in 2022, by type." Chart. April 18, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1176925/singapore-online-payment-methods-by-type/
PPRO. (2023). Distribution of payment methods for online transactions in Singapore in 2022, by type. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1176925/singapore-online-payment-methods-by-type/
PPRO. "Distribution of Payment Methods for Online Transactions in Singapore in 2022, by Type." Statista, Statista Inc., 18 Apr 2023, https://www.statista.com/statistics/1176925/singapore-online-payment-methods-by-type/
PPRO, Distribution of payment methods for online transactions in Singapore in 2022, by type Statista, https://www.statista.com/statistics/1176925/singapore-online-payment-methods-by-type/ (last visited July 27, 2024)
Distribution of payment methods for online transactions in Singapore in 2022, by type [Graph], PPRO, April 18, 2023. [Online]. Available: https://www.statista.com/statistics/1176925/singapore-online-payment-methods-by-type/