, Singapore Photo by Pixabay from Pexels. It accounts for 41.4% of the e-commerce market. This chart from GlobalData showed that payment through cards are widely used in Singapore in 2022, accounting for the highest share of 41.4% in the total e-commerce market value. Payment cards are followed by alternative payment solutions such as Apple Pay, PayPal and GrabPay at 37.9% up from 30.6% in the previous year. Bank transfers are also still used due to convenience and secured methods but their share was down to 15% from 18.

https://sbr.com.sg/financial-services/news/chart-day-cards-are-top-payment-method-in-e-commerce

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