Digital Wallets Overtake Credit Cards as Top E-Commerce Payment Method in Singapore
Fintech News
JUNE 5, 2025
The figures represents a more than fivefold increase for e-commerce transactions over the past decade, from just 7% in 2014. In the POS segment, the share of transactions made via digital wallets surged 28 points from a mere 1% in 2014. 25%), Apple Pay (22%), GrabPay (12%) and Google Pay (12%).
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