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
Characteristic
Share of respondents
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Visa Inc.. (July 17, 2023). Reasons for choosing digital banks among consumers in Singapore as of October 2022 [Graph]. In Statista. Retrieved July 22, 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 July 22, 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: July 22, 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 July 22, 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/