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Users of various mobile payment apps in Singapore in 2020, with forecasts to 2025

Number of users of selected mobile wallets in Singapore in 2020, with forecasts from 2021 to 2025

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Sources

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Release date

October 2021

Region

Singapore

Survey time period

May 2021

Special properties

The source does not provide any information regarding consumers using more than one app at the same time. It may, therefore, be that the total users of all apps combined is higher than the country's population

Supplementary notes

The source explicitly states that "we look (...) only for open wallets, ie those that have the ability to make payments on multiple sites, rather than in reference to an ability to transfer funds between different wallets. Thus we do not focus on transactions conducted via cards stored by a retailer purely for use on that retailer’s website or mobile app."

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Statistics on " Digital payments in Singapore "

Statistics on Digital payments in Singapore

Overview

6

Key indicators

4

Bank cards

5

Mobile wallets

4

Online banking and electronic money

4

Other payment services

4

Consumer behavior

6

Further related statistics

21
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