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
Michelle Quah
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.
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