Main reasons for e-payment usage among respondents in Singapore 2022

Published by Lucas Romero, Feb 5, 2024
According to a survey by Rakuten Insight on e-payment usage, the majority of e-payment users indicated convenience as a leading reason for making e-payment transactions. In the same survey, 93 percent of respondents had made a transaction using e-payment methods.

Main reasons for making e-payments among respondents in Singapore in 2022

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Release date

December 2022

Region

Singapore

Survey time period

October 13 to 30, 2022

Number of respondents

5,079 respondents

Age group

16 years and older

Special properties

among female and male respondents that had made e-payment transactions

Method of interview

Online survey

Supplementary notes

Original question: What are your reasons for making e-payment transactions? (choose up to two answers)

The survey was conducted among 2.896 female and 2,183 male respondents.

. Other surveyed countries included China, Hong Kong, India, Vietnam, Korea, Malaysia, Philippines, Indonesia and Taiwan.

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Statistics on " Digital payments in Singapore "

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Overview

3

Key indicators

5

Bank cards

3

Mobile wallets

3

Online banking and electronic money

6

Other payment services

4

Consumer behavior

5

Further related statistics

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Digital payments in Singapore Internet usage in SingaporeSmartphones in SingaporeFintech in Singapore5G in Singapore
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