Share of payment transactions value Singapore 2020-2025, by instrument

Published by Lucas Romero, Aug 16, 2022
In 2020, paper-based payments accounted for 47.1 percent of payment transactions valued in U.S. dollars in Singapore, and this figure is predicted to drop to 34.7 percent by 2025. Singaporeans are switching from paper-based payments to real-time digital payments, as well as mobile wallets.

Share of payment transactions value in Singapore in 2020, with forecasts for 2025, by instrument

© Statista 2025
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

May 2021

Region

Singapore

Survey time period

2020

Supplementary notes

The figures have been rounded.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Payment methods in Algeria "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Payment methods in Algeria

Overview

4

Cash

5

Cards

5

Cashless payment and mobile money

6

Payment behavior

6

Further related statistics

1

Further Content: You might find this interesting as well

Statistics

Topics

Banking industry in SingaporeFintech in SingaporeDigital payments in Singapore Startups and venture capital in SingaporeCryptocurrency in Singapore
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.