In 2020, the value of mobile wallet transactions in Singapore reached 1.4 billion U.S. dollars, with forecast figures reaching as much as eight billion U.S. dollars in 2025. In the same year, there were 1.8 million mobile wallet users in the country.
Transaction value of mobile wallets in Singapore in 2020, with a forecast for 2025 (in billion U.S. dollars)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$59 USD $39 USD / Month *
in the first 12 months
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Statistics on Digital payments in Singapore
Overview
6
- Premium Statistic Users of digital payments in the APAC region 2021, by country and age
- Premium Statistic Digital payments as a share of e-commerce and POS payments APAC 2021, by country
- Premium Statistic Cashless payments adoption rate SEA 2021, by country
- Premium Statistic Digital payments transaction value in Southeast Asia 2022, by country and segment
- Premium Statistic Digital payments average transaction in Southeast Asia 2022, by country and segment
- Premium Statistic Most popular in-store payment methods in Singapore 2017-2022
Key indicators
4
- Premium Statistic Digital payment users in Singapore 2017-2026, by segment
- Premium Statistic Digital payment transaction value in Singapore 2017-2026, by segment
- Premium Statistic Payments transaction volume Singapore 2020-2025, by instrument
- Premium Statistic Funding for digital payments Singapore 2018-Q3 2022, by deals and value
Bank cards
5
- Premium Statistic Value of credit and debit card payments Singapore 2018-2021
- Premium Statistic Bank card payments value Singapore 2017-2025, by type
- Premium Statistic Volume of credit and debit card payments Singapore 2018-2021
- Premium Statistic Annual number of credit card transactions in Singapore 2013-2021, per capita
- Basic Statistic Ownership rate credit cards Singapore 2011-2021 by gender
Mobile wallets
4
Online banking and electronic money
4
Other payment services
4
Consumer behavior
6
- Premium Statistic Most used digital payment methods among Singaporeans 2021
- Premium Statistic Consumers attitudes towards cashless payment Singapore 2021
- Premium Statistic Change in payment methods due to COVID-19 Singapore 2021
- Premium Statistic Change in the usage of cash since COVID-19 Singapore 2021
- Premium Statistic Usage of mobile contactless payments Singapore 2020-2021
- Premium Statistic Consumer preferences for digital versus traditional banks Singapore 2021
Further related statistics
21
- Projected growth of mobile wallet transaction value APAC 2025, by country
- Value of mobile wallet transactions in India FY 2016-2021
- Mobile wallet transaction value Philippines 2020-2025
- Mobile wallet transaction value Thailand 2020
- Number of mobile wallet users SEA 2021-2026, by country
- Mobile money transaction value in Central Africa 2020-2021
- Mobile banking share South Korea 2018-2021, based on transaction value
- Mobile wallet transaction value Vietnam 2020-2025
- Mobile wallet adoption rate APAC 2021, by country
- Mobile wallet total payment volume Sea Limited Q4 2020-Q2 2022
- Leading mobile wallet apps market share Philippines 2020
- Mobile money transaction value in Sub-Saharan Africa 2019-2020
- Mobile wallet transaction value Sea Limited Q1 2021-Q4 2021
- Number of mobile wallet users Vietnam 2021-2026
- Pay-easy transaction value in Japan 2016-2021, by channel
- Online banking transaction value South Korea 2018-2021
- Mobile banking transaction value South Korea 2018-2021
- E-payments transaction value per capita in Malaysia 2017-2021
- Online and mobile banking transaction value in the Netherlands 2016-2021
- GCash gross transaction value Philippines 2020-2021
- Mobile wallet transaction volume Singapore 2020-2025
Further Content: You might find this interesting as well
Fortumo. (July 27, 2021). Transaction value of mobile wallets in Singapore in 2020, with a forecast for 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved March 29, 2023, from https://www.statista.com/statistics/1325917/singapore-mobile-wallet-transaction-value/
Fortumo. "Transaction value of mobile wallets in Singapore in 2020, with a forecast for 2025 (in billion U.S. dollars)." Chart. July 27, 2021. Statista. Accessed March 29, 2023. https://www.statista.com/statistics/1325917/singapore-mobile-wallet-transaction-value/
Fortumo. (2021). Transaction value of mobile wallets in Singapore in 2020, with a forecast for 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: March 29, 2023. https://www.statista.com/statistics/1325917/singapore-mobile-wallet-transaction-value/
Fortumo. "Transaction Value of Mobile Wallets in Singapore in 2020, with a Forecast for 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Jul 2021, https://www.statista.com/statistics/1325917/singapore-mobile-wallet-transaction-value/
Fortumo, Transaction value of mobile wallets in Singapore in 2020, with a forecast for 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1325917/singapore-mobile-wallet-transaction-value/ (last visited March 29, 2023)
Transaction value of mobile wallets in Singapore in 2020, with a forecast for 2025 (in billion U.S. dollars) [Graph], Fortumo, July 27, 2021. [Online]. Available: https://www.statista.com/statistics/1325917/singapore-mobile-wallet-transaction-value/