Volume of PayNow transactions Singapore 2018-H1 2021

Published by Lucas Romero, Dec 15, 2022
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 (in millions)

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Source

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Release date

October 2021

Region

Singapore

Survey time period

2018 to H1 2021

Supplementary notes

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.

The figures have been rounded.

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