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Singapore’s Mobile Payments Growth Hits 46% in 2019

It lags behind Vietnam in terms of growth rate. Mobile payments in Singapore climbed 12 ppt from 34 in 2018 to 46 in 2019, making the nation the fifth fastest in terms of mobile payments growth in Southeast Asia, according to a research by PwC. This is said to signify a payoff in the efforts […]

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Cash and Cheques Still Account for 40% of Singapore Payments

Despite the governments target to cheque-free by 2025, Singapore remains a heavily cash-reliant society with around 40 of payments still carried out through cash and cheques, according to a report from SP.

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APAC’s Mobile Payment Usage Climbs 30% in 2018

Consumers in China and India are more likely to reach for their phones to shop and pay. Mobile payment usage in the Asia Pacific (APAC) region grew 30% in 2018 with 63% of consumers citing that their mobile device as their most important shopping tool, according to GfK’s latest FutureBuy report.

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