As of the first half of 2021, the value of PayNow transactions in Singapore amounted to around 20 billion Singapore dollars. A wide range of e-payment options are available in Singapore, including PayNow, PayNow Corporate, and SGQR, as well as credit and debit cards.
Value of PayNow transactions in Singapore from 2018 to 1st half of 2021
(in billion Singapore dollars)
Characteristic
Value of transactions in billion Singapore dollars
1 Singapore dollar is equal to 0.74 U.S. dollars and 0.67 euros as of March 2022.
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). Value of PayNow transactions in Singapore from 2018 to 1st half of 2021 (in billion Singapore dollars) [Graph]. In Statista. Retrieved November 15, 2024, from https://www.statista.com/statistics/1298681/singapore-paynow-transactions-value/
MAS. "Value of PayNow transactions in Singapore from 2018 to 1st half of 2021 (in billion Singapore dollars)." Chart. October 4, 2021. Statista. Accessed November 15, 2024. https://www.statista.com/statistics/1298681/singapore-paynow-transactions-value/
MAS. (2021). Value of PayNow transactions in Singapore from 2018 to 1st half of 2021 (in billion Singapore dollars). Statista. Statista Inc.. Accessed: November 15, 2024. https://www.statista.com/statistics/1298681/singapore-paynow-transactions-value/
MAS. "Value of Paynow Transactions in Singapore from 2018 to 1st Half of 2021 (in Billion Singapore Dollars)." Statista, Statista Inc., 4 Oct 2021, https://www.statista.com/statistics/1298681/singapore-paynow-transactions-value/
MAS, Value of PayNow transactions in Singapore from 2018 to 1st half of 2021 (in billion Singapore dollars) Statista, https://www.statista.com/statistics/1298681/singapore-paynow-transactions-value/ (last visited November 15, 2024)
Value of PayNow transactions in Singapore from 2018 to 1st half of 2021 (in billion Singapore dollars) [Graph], MAS, October 4, 2021. [Online]. Available: https://www.statista.com/statistics/1298681/singapore-paynow-transactions-value/
