As of the first half of 2021, the volume of PayNow transactions in Singapore amounted to around 89.64 million transactions. This was more than half the total amount of transactions conducted in the previous year. A wide range of e-payment options are available in Singapore, including PayNow, PayNow Corporate, and SGQR, as well as credit and debit cards.
Volume of PayNow transactions in Singapore from 2018 to 1st half of 2021
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Volume of transactions in millions
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According to the source, SGQR is the world’s first unified payment QR code. It combines multiple payment QR codes into a single SGQR label, making QR payments simple for both consumers and merchants.
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MAS. (October 4, 2021). Volume of PayNow transactions in Singapore from 2018 to 1st half of 2021 (in millions) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1298674/singapore-paynow-transactions-volume/
MAS. "Volume of PayNow transactions in Singapore from 2018 to 1st half of 2021 (in millions) ." Chart. October 4, 2021. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1298674/singapore-paynow-transactions-volume/
MAS. (2021). Volume of PayNow transactions in Singapore from 2018 to 1st half of 2021 (in millions) . Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1298674/singapore-paynow-transactions-volume/
MAS. "Volume of Paynow Transactions in Singapore from 2018 to 1st Half of 2021 (in Millions) ." Statista, Statista Inc., 4 Oct 2021, https://www.statista.com/statistics/1298674/singapore-paynow-transactions-volume/
MAS, Volume of PayNow transactions in Singapore from 2018 to 1st half of 2021 (in millions) Statista, https://www.statista.com/statistics/1298674/singapore-paynow-transactions-volume/ (last visited July 27, 2024)
Volume of PayNow transactions in Singapore from 2018 to 1st half of 2021 (in millions) [Graph], MAS, October 4, 2021. [Online]. Available: https://www.statista.com/statistics/1298674/singapore-paynow-transactions-volume/