According to a payments survey conducted in Singapore in June 2021, the COVID-19 pandemic appears to have changed user preferences, with a decrease from 74 percent to 56 percent in cash use. This shift seems to have been in favor of peer-to-peer payments with an increase from 53 percent to 64 percent and mobile wallet use, rising from 31 percent to 41 percent.
Change in payment methods used due to COVID-19 pandemic in Singapore in 2021
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Milieu Insight. (July 7, 2021). Change in payment methods used due to COVID-19 pandemic in Singapore in 2021 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1300100/singapore-covid-19-changes-in-payment-methods/
Milieu Insight. "Change in payment methods used due to COVID-19 pandemic in Singapore in 2021." Chart. July 7, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1300100/singapore-covid-19-changes-in-payment-methods/
Milieu Insight. (2021). Change in payment methods used due to COVID-19 pandemic in Singapore in 2021. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1300100/singapore-covid-19-changes-in-payment-methods/
Milieu Insight. "Change in Payment Methods Used Due to Covid-19 Pandemic in Singapore in 2021." Statista, Statista Inc., 7 Jul 2021, https://www.statista.com/statistics/1300100/singapore-covid-19-changes-in-payment-methods/
Milieu Insight, Change in payment methods used due to COVID-19 pandemic in Singapore in 2021 Statista, https://www.statista.com/statistics/1300100/singapore-covid-19-changes-in-payment-methods/ (last visited November 22, 2024)
Change in payment methods used due to COVID-19 pandemic in Singapore in 2021 [Graph], Milieu Insight, July 7, 2021. [Online]. Available: https://www.statista.com/statistics/1300100/singapore-covid-19-changes-in-payment-methods/
