Singapore's payment cards continue to dominate, commanding over 40% of the market share for online transactions in 2023.
Traditionally, payment cards have led e-commerce payments in Singapore, with credit and charge cards being highly favoured, accounting for a 31.9% share in 2023. Bank transfers also play a significant role, accounting for 15.5% of total e-commerce transaction value in 2023.
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Source: SBRMagazine - 🏆 13. / 51 Read more »