According to a 2022 study on consumer payment behavior, 39 percent of the respondents in Singapore stated that they preferred digital banking as it allowed them to be able to bank any time of the day.
Reasons for choosing digital banks among consumers in Singapore as of October 2022
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.
Visa Inc.. (July 17, 2023). Reasons for choosing digital banks among consumers in Singapore as of October 2022 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1440675/singapore-reasons-for-using-digital-banking/
Visa Inc.. "Reasons for choosing digital banks among consumers in Singapore as of October 2022 ." Chart. July 17, 2023. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1440675/singapore-reasons-for-using-digital-banking/
Visa Inc.. (2023). Reasons for choosing digital banks among consumers in Singapore as of October 2022 . Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1440675/singapore-reasons-for-using-digital-banking/
Visa Inc.. "Reasons for Choosing Digital Banks among Consumers in Singapore as of October 2022 ." Statista, Statista Inc., 17 Jul 2023, https://www.statista.com/statistics/1440675/singapore-reasons-for-using-digital-banking/
Visa Inc., Reasons for choosing digital banks among consumers in Singapore as of October 2022 Statista, https://www.statista.com/statistics/1440675/singapore-reasons-for-using-digital-banking/ (last visited December 19, 2024)
Reasons for choosing digital banks among consumers in Singapore as of October 2022 [Graph], Visa Inc., July 17, 2023. [Online]. Available: https://www.statista.com/statistics/1440675/singapore-reasons-for-using-digital-banking/