In 2023, the value of fast and secure transfers (FAST) in Singapore amounted to about 487 billion Singapore dollars. The value of transactions has significantly increased compared to the previous year, and has grown steadily since the launch of the service. FAST is a domestic real-time payment scheme launched in 2014, that enables customers of the participating banks to transfer Singapore dollar funds from one bank to another almost instantly.
Value of FAST transactions in Singapore from 2015 to 2023
(in billion Singapore dollars)
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MAS. (June 5, 2024). Value of FAST transactions in Singapore from 2015 to 2023 (in billion Singapore dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325973/singapore-fast-transactions-value/
MAS. "Value of FAST transactions in Singapore from 2015 to 2023 (in billion Singapore dollars) ." Chart. June 5, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325973/singapore-fast-transactions-value/
MAS. (2024). Value of FAST transactions in Singapore from 2015 to 2023 (in billion Singapore dollars) . Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325973/singapore-fast-transactions-value/
MAS. "Value of Fast Transactions in Singapore from 2015 to 2023 (in Billion Singapore Dollars) ." Statista, Statista Inc., 5 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325973/singapore-fast-transactions-value/
MAS, Value of FAST transactions in Singapore from 2015 to 2023 (in billion Singapore dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325973/singapore-fast-transactions-value/ (last visited November 10, 2024)
Value of FAST transactions in Singapore from 2015 to 2023 (in billion Singapore dollars) [Graph], MAS, June 5, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325973/singapore-fast-transactions-value/
