The Business Times
SUBSCRIBERS

E-payments use in Singapore only scratching surface: PayPal

Survey shows 98% of Singaporeans own smartphones, but 90% still prefer cash as primary mode of payment

google-preferred-sourceAdd BT as a preferred source
Michelle Quah

Michelle Quah

Published Tue, Aug 29, 2017 · 09:50 PM

    Singapore

    SMACK on the heels of Prime Minister Lee Hsien Loong's call to transform Singapore into a Smart Nation is global online payments service provider PayPal's research showing just how much further Singapore needs to go to achieve that.

    New research by the American company, released on Tuesday, showed that while Singapore may be one of the world's most digitally literate countries, the city-state's current usage of e-payments is only scratching the surface of what it could be.

    PayPalE-paymentsSmart Nation

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More