As of 2022, the volume of credit and debit card payments in Singapore amounted to around 1.63 billion transactions. A wide range of e-payment options are available in Singapore, including PayNow, PayNow Corporate, and SGQR, as well as credit and debit cards.
Volume of credit and debit card payments in Singapore from 2018 to 2022
(in millions)
According to the source, SGQR is the world’s first unified payment QR code. It combines multiple payment QR codes into a single SGQR label, making QR payments simple for both consumers and merchants.
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MAS. (August 17, 2023). Volume of credit and debit card payments in Singapore from 2018 to 2022 (in millions) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298694/singapore-credit-and-debit-card-payments-volume/
MAS. "Volume of credit and debit card payments in Singapore from 2018 to 2022 (in millions)." Chart. August 17, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298694/singapore-credit-and-debit-card-payments-volume/
MAS. (2023). Volume of credit and debit card payments in Singapore from 2018 to 2022 (in millions). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298694/singapore-credit-and-debit-card-payments-volume/
MAS. "Volume of Credit and Debit Card Payments in Singapore from 2018 to 2022 (in Millions)." Statista, Statista Inc., 17 Aug 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298694/singapore-credit-and-debit-card-payments-volume/
MAS, Volume of credit and debit card payments in Singapore from 2018 to 2022 (in millions) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298694/singapore-credit-and-debit-card-payments-volume/ (last visited November 10, 2024)
Volume of credit and debit card payments in Singapore from 2018 to 2022 (in millions) [Graph], MAS, August 17, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298694/singapore-credit-and-debit-card-payments-volume/
