Real-time payments in Singapore were predicted to grow by 2028, as instant payments made up about 12 percent of overall payments in 2023. According to this source, real-time payments spending is expected to overtake both non-real-time electronic payments and paper-based payments by 2028.
Total number of real-time (instant) payments in Singapore in 2023, with a forecast for 2028
Characteristic
Number of instant payments in millions
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ACI Worldwide. (April 30, 2024). Total number of real-time (instant) payments in Singapore in 2023, with a forecast for 2028 [Graph]. In Statista. Retrieved July 16, 2024, from https://www.statista.com/statistics/1479187/real-time-payment-number-in-singapore/
ACI Worldwide. "Total number of real-time (instant) payments in Singapore in 2023, with a forecast for 2028." Chart. April 30, 2024. Statista. Accessed July 16, 2024. https://www.statista.com/statistics/1479187/real-time-payment-number-in-singapore/
ACI Worldwide. (2024). Total number of real-time (instant) payments in Singapore in 2023, with a forecast for 2028. Statista. Statista Inc.. Accessed: July 16, 2024. https://www.statista.com/statistics/1479187/real-time-payment-number-in-singapore/
ACI Worldwide. "Total Number of Real-time (Instant) Payments in Singapore in 2023, with a Forecast for 2028." Statista, Statista Inc., 30 Apr 2024, https://www.statista.com/statistics/1479187/real-time-payment-number-in-singapore/
ACI Worldwide, Total number of real-time (instant) payments in Singapore in 2023, with a forecast for 2028 Statista, https://www.statista.com/statistics/1479187/real-time-payment-number-in-singapore/ (last visited July 16, 2024)
Total number of real-time (instant) payments in Singapore in 2023, with a forecast for 2028 [Graph], ACI Worldwide, April 30, 2024. [Online]. Available: https://www.statista.com/statistics/1479187/real-time-payment-number-in-singapore/