Main reasons against e-payment usage among respondents in Singapore 2022, by age

Published by Lucas Romero, Feb 5, 2024
According to a survey by Rakuten Insight on e-payment usage, 62 percent of respondents aged between 16 to 24 years stated that they had not made any e-payment transactions because they preferred cash. In the same survey, 90 percent of respondents indicated that they had made a transaction using e-payment methods.

Main reasons for not making e-payments among respondents in Singapore in 2022, by age

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Release date

December 2022

Region

Singapore

Survey time period

October 13 to 30, 2022

Number of respondents

331 respondents

Age group

16 years and older

Special properties

among female and male respondents that had not made e-payment transactions

Method of interview

Online survey

Supplementary notes

Original question: Why do you not make any e-payments?

The survey was conducted among 202 female and 129 male respondents.

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

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