B2B companies prioritizing cross-border digital payments in Singapore 2023

Published by Lucas Romero, Dec 10, 2024

According to a study conducted in February 2023, 38 percent of surveyed B2B professionals considered the automation of cross-border payments to be a top priority. In comparison, 24 percent of those surveyed indicated that their company had already digitized cross-border payments.

Share of B2B professionals prioritizing digitization for cross-border transactions in Singapore in 2023

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Source

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Release date

March 2023

Region

Singapore

Survey time period

February 2023

Number of respondents

715 professionals*

Supplementary notes

Original question: "Where does payments and automation/digitization fall overall within your organizational goals in the next year?"

*business owners and payment decision-makers based in Brazil, Canada, Germany, Mexico, Singapore, the UK and the US.

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Statistics on " Digital payments in Singapore "

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Overview

3

Key indicators

5

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3

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Online banking and electronic money

6

Other payment services

4

Consumer behavior

5

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