In 2021, 87 percent of surveyed enterprises in Singapore had adopted e-payments in their business activities. This was an increase compared to the figure from 2019. Using electronic payments is one factor that can lower the costs for businesses and enhance payment security.
Share of enterprises that adopted e-payments in Singapore from 2016 to 2021
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IMDA. (December 1, 2022). Share of enterprises that adopted e-payments in Singapore from 2016 to 2021 [Graph]. In Statista. Retrieved October 03, 2023, from https://www.statista.com/statistics/1180803/singapore-share-of-enterprises-that-used-e-payments/
IMDA. "Share of enterprises that adopted e-payments in Singapore from 2016 to 2021." Chart. December 1, 2022. Statista. Accessed October 03, 2023. https://www.statista.com/statistics/1180803/singapore-share-of-enterprises-that-used-e-payments/
IMDA. (2022). Share of enterprises that adopted e-payments in Singapore from 2016 to 2021. Statista. Statista Inc.. Accessed: October 03, 2023. https://www.statista.com/statistics/1180803/singapore-share-of-enterprises-that-used-e-payments/
IMDA. "Share of Enterprises That Adopted E-payments in Singapore from 2016 to 2021." Statista, Statista Inc., 1 Dec 2022, https://www.statista.com/statistics/1180803/singapore-share-of-enterprises-that-used-e-payments/
IMDA, Share of enterprises that adopted e-payments in Singapore from 2016 to 2021 Statista, https://www.statista.com/statistics/1180803/singapore-share-of-enterprises-that-used-e-payments/ (last visited October 03, 2023)
Share of enterprises that adopted e-payments in Singapore from 2016 to 2021 [Graph], IMDA, December 1, 2022. [Online]. Available: https://www.statista.com/statistics/1180803/singapore-share-of-enterprises-that-used-e-payments/