Digital payments in Singapore

Statistics report on digital payments in Singapore

Digital payments in Singapore

This report provides a range of statistics and facts on digital payments in Singapore. After giving a general overview and key indicators of the sector, it presents statistics on the main cashless payment methods in the country, such as bank cards, mobile wallets, online banking and e-money, as well as other payment services. Finally, the report outlines consumer behavior in Singapore regarding payments.

Table of contents

Overview

3
  • Premium Forecast Digital payments transaction value in Southeast Asia 2023, by country and segment
  • Premium Forecast Digital payments average transaction in Southeast Asia 2022, by country and segment
  • Premium Statistic Digital payments as a share of e-commerce and POS payments APAC 2022, by country

Key indicators

5
  • Premium Statistic Most popular in-store payment methods in Singapore 2017-2022
  • Premium Forecast Digital payment users in Singapore 2018-2027, by segment
  • Premium Forecast Digital payment transaction value in Singapore 2019-2028, by segment
  • Premium Statistic Funding for digital payments Singapore 2018-Q3 2022, by deals and value
  • Premium Statistic E-commerce payment method share Singapore 2021-2027

Bank cards

3
  • Premium Statistic Value of credit and debit card payments Singapore 2018-2022
  • Premium Statistic Volume of credit and debit card payments Singapore 2018-2022
  • Premium Forecast Penetration rate of credit cards in Singapore 2014-2029

Mobile wallets

3
  • Premium Statistic Number of mobile wallet users in Singapore 2020-2022
  • Premium Statistic Mobile wallet ownership among adults Singapore 2020-2022
  • Premium Statistic Most popular e-wallet services used among respondents in Singapore 2022

Online banking and electronic money

6
  • Premium Statistic Value of FAST transactions Singapore 2015-2022
  • Premium Statistic Volume of FAST transactions Singapore 2015-2022
  • Premium Statistic Value of e-money payments Singapore 2020-2022
  • Premium Statistic Volume of e-money payments Singapore 2020-2022
  • Premium Statistic Consumer preferences for digital versus traditional banks Singapore 2022
  • Premium Statistic Reasons for choosing digital banks among consumers Singapore 2022

Other payment services

4
  • Premium Statistic Number of Buy Now, Pay Later users in Singapore 2020-2022
  • Premium Statistic BNPL market size Singapore 2023-2028
  • Premium Statistic BNPL transaction value Singapore 2021-2023
  • Premium Statistic BNPL payments as a share of e-commerce payments in Singapore 2020-2022

Consumer behavior

5
  • Premium Statistic Most used digital payment methods among Singaporeans 2022
  • Premium Statistic Usage of mobile contactless payments Singapore 2020-2022
  • Premium Statistic Main reasons for e-payment usage among respondents in Singapore 2022
  • Premium Statistic Main transaction types using e-payments among respondents in Singapore 2022
  • Premium Statistic E-payments apps satisfaction index Singapore 2022

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