In 2020, the penetration rate of mobile wallets in Singapore reached 30.4 percent, with forecast figures reaching as much as 94.7 percent in 2025. In that year, the volume of mobile wallet transactions in the country reached 101 million.
Penetration rate of mobile wallets in Singapore in 2020, with a forecast for 2025
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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 2017-2021
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
- Mobile wallet penetration rate Philippines 2020-2025
- Mobile wallet penetration rate Vietnam 2020-2025
- Penetration rate of major banking apps in Hong Kong 2022
- Use of online banking services in France 2006-2021
- Penetration rate of online wealth management in China 2014-2021
- Fintech penetration rate in Africa 2020-2025
- Predicted penetration rate of digital banking in the U.S. 2021-2025
- Share of Hungarians using mobile payments 2020, by situation
- Penetration rate of Neobanks in the United States 2020-2025
- Projected growth of mobile wallet penetration rate APAC 2025, by country
- FinTech penetration rate in Russia compared to global average 2017-2019
- Adoption of mobile banking in the U.S. 2020-2021, by generation
- Penetration rate of online consumer credits China 2013-2018
- Leading mobile payment providers in South Korea 2021
- Mobile money registered accounts in Rwanda 2012-2022
- Number of mobile wallet users Vietnam 2021-2026
- Leading mobile payment services in South Korea 2021, by age
- Online banking penetration in the European Union and in the Euro area 2010-2021
- Number of mobile money accounts in Central Africa 2019-2021
- Preferred online payment methods in Finland 2021
- Frequency of mobile payment (NFC) usage in Hungary 2021
Further Content: You might find this interesting as well
Fortumo. (July 27, 2021). Penetration rate of mobile wallets in Singapore in 2020, with a forecast for 2025 [Graph]. In Statista. Retrieved February 07, 2023, from https://www.statista.com/statistics/1325929/singapore-mobile-wallet-penetration-rate/
Fortumo. "Penetration rate of mobile wallets in Singapore in 2020, with a forecast for 2025." Chart. July 27, 2021. Statista. Accessed February 07, 2023. https://www.statista.com/statistics/1325929/singapore-mobile-wallet-penetration-rate/
Fortumo. (2021). Penetration rate of mobile wallets in Singapore in 2020, with a forecast for 2025. Statista. Statista Inc.. Accessed: February 07, 2023. https://www.statista.com/statistics/1325929/singapore-mobile-wallet-penetration-rate/
Fortumo. "Penetration Rate of Mobile Wallets in Singapore in 2020, with a Forecast for 2025." Statista, Statista Inc., 27 Jul 2021, https://www.statista.com/statistics/1325929/singapore-mobile-wallet-penetration-rate/
Fortumo, Penetration rate of mobile wallets in Singapore in 2020, with a forecast for 2025 Statista, https://www.statista.com/statistics/1325929/singapore-mobile-wallet-penetration-rate/ (last visited February 07, 2023)
Penetration rate of mobile wallets in Singapore in 2020, with a forecast for 2025 [Graph], Fortumo, July 27, 2021. [Online]. Available: https://www.statista.com/statistics/1325929/singapore-mobile-wallet-penetration-rate/