Singapore's most popular POS payment methods somewhat reveals why some of the major card schemes are relatively close to each other, as credit cards, cash, and debit cards all vie for the top position in the country.
Domestic scheme NETS leads the market for card payments in Singapore, ahead of both Visa and Mastercard. NETS is Singapore's domestic network for debit cards, originally set up by a consortium of banks. Whilst the leading card scheme in the country, NETS does not have a similar dominance as, for example, Dankort in Denmark or UnionPay in China. Nevertheless, it is relatively unusual for an in-market local card scheme to be ahead of either Visa and Mastercard. Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Singapore from 2016 to 2020
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Statistics on Credit cards worldwide
Global
6
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North America
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Europe
5
- Premium Statistic Estimate of credit card and debit card numbers in 37 countries in Europe 2019
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Asia Pacific
6
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- Premium Statistic Quarterly number of credit cards in circulation in Hong Kong 2018-2022
- Premium Statistic Number of credit cards in Indonesia 2017-2021
- Premium Statistic Issued credit cards in Japan 2014-2022
- Premium Statistic NETS, Visa, Mastercard market share in Singapore 2016-2020
- Premium Statistic Number of issued credit cards South Korea 2000-2021
China
4
India
4
- Premium Statistic Cumulative number of credit cards in India FY 2013-2021
- Premium Statistic Monthly number of credit card transactions in India 2018-2022, by location
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Latin America
7
- Premium Statistic Number of credit cards in 8 countries in Latin America 2018-2019
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- Premium Statistic Most popular online payment methods in Argentina 2021
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Africa & MENA
8
- Premium Statistic Most popular online payment methods in 5 countries in Africa 2021
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- Premium Statistic Most popular online payment methods in the UAE 2020, by type
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- Premium Statistic Distribution of credit and debit cards scheme in South Africa 2021
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Australia
4
- Premium Statistic Share of consumer payment methods in Australia 2007-2019
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Further related statistics
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- Visa, Mastercard market share in the UK 2016-2020
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- MyDebit, Visa, Mastercard market share in Malaysia 2016-2020
- Value of VISA and MasterCard payments in the United Kingdom in 2015, by card type
- Girocard, Visa, Mastercard market share in Germany 2016-2020
- Number of bank cards issued by ServiRed in Spain 2012-2016, by card type
- Number of VISA and MasterCard in issue in the United Kingdom 2015, by card type
- Number of bank cards issued by Euro 6000 in Spain 2012-2016, by card type
- 'Plastic Cards' usage in GB 2021, by type
- Mastercard purchase volume in Latin America 2015-2018
- American Express purchase volume in Latin America 2015-2018
- Purchase volume of Visa, MasterCard, Amex & Diners in Europe as a whole 2013-2018
- Forecast of mean EPS of American Express quarterly 2021-2023
- Distribution of credit and debit cards scheme in Egypt 2021
- Forecast of Street Earnings of American Express quarterly 2020-2021
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Statistics
- Visa, Mastercard market share in the UK 2016-2020
- Visa, Mastercard market share in Indonesia 2016-2020
- Visa, Mastercard market share in Turkey 2017-2020
- MyDebit, Visa, Mastercard market share in Malaysia 2016-2020
- Value of VISA and MasterCard payments in the United Kingdom in 2015, by card type
- Girocard, Visa, Mastercard market share in Germany 2016-2020
- Number of bank cards issued by ServiRed in Spain 2012-2016, by card type
- Number of VISA and MasterCard in issue in the United Kingdom 2015, by card type
- Number of bank cards issued by Euro 6000 in Spain 2012-2016, by card type
- 'Plastic Cards' usage in GB 2021, by type
- Mastercard purchase volume in Latin America 2015-2018
- American Express purchase volume in Latin America 2015-2018
- Purchase volume of Visa, MasterCard, Amex & Diners in Europe as a whole 2013-2018
- Forecast of mean EPS of American Express quarterly 2021-2023
- Distribution of credit and debit cards scheme in Egypt 2021
- Forecast of Street Earnings of American Express quarterly 2020-2021
Worldpay. (March 2, 2022). Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Singapore from 2016 to 2020 [Graph]. In Statista. Retrieved February 06, 2023, from https://www.statista.com/statistics/895593/leading-brands-in-payment-cards-in-singapore/
Worldpay. "Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Singapore from 2016 to 2020." Chart. March 2, 2022. Statista. Accessed February 06, 2023. https://www.statista.com/statistics/895593/leading-brands-in-payment-cards-in-singapore/
Worldpay. (2022). Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Singapore from 2016 to 2020. Statista. Statista Inc.. Accessed: February 06, 2023. https://www.statista.com/statistics/895593/leading-brands-in-payment-cards-in-singapore/
Worldpay. "Biggest Payment Card Brands - Visa, Mastercard, or In-market Local Card Schemes - in Singapore from 2016 to 2020." Statista, Statista Inc., 2 Mar 2022, https://www.statista.com/statistics/895593/leading-brands-in-payment-cards-in-singapore/
Worldpay, Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Singapore from 2016 to 2020 Statista, https://www.statista.com/statistics/895593/leading-brands-in-payment-cards-in-singapore/ (last visited February 06, 2023)
Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Singapore from 2016 to 2020 [Graph], Worldpay, March 2, 2022. [Online]. Available: https://www.statista.com/statistics/895593/leading-brands-in-payment-cards-in-singapore/