(May 28 16:59) Sbr.com.sg
Uploaded By:
Alyssa Divina
Submitted By:
Staff Reporter
Case Study:
No
62% expect that their mobile payment usage will increase next year.
More than half (56%) of Singaporeans are now using mobile payment methods, 12% higher than last year, a Visa consumer study revealed.
Contactless card payments are still the most popular option (84%), especially amongst millennials (92%). Singaporeans prefer using contactless cards whilst shopping or on public transportation due to convenience and earned rewards.
Three-fifths (62%) expect that their mobile payment usage will increase next year.
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