e-commerce growth set to slow in Singapore: Worldpay

Singapore

SINGAPORE is the third largest e-commerce market in South-east Asia, despite a relatively small population but the online shopping growth is set to slow as most adults already buy online.

Some 73 per cent of adult Internet users already shop online and credit cards are overwhelmingly the payment method of choice, though e-wallets are growing, said Worldpay's annual global payments report.