The COVID-19 pandemic and the ensuing recession that followed in its wake have had a detrimental impact on consumer payments in Singapore, with both transaction volume and value declining in 2020. The drop in transaction value was in line with the 6.3% decline in GDP projected for Singapore by Euromonitor International’s Macro Model. A heavily trade-reliant country, the COVID-19 situation in Singapore’s main trading partners of China, Malaysia and the US has been a key factor in Singapore’s econ...

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Euromonitor International's Financial Cards and Payments in Singapore report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Financial Cards in Circulation, M-Commerce, Transactions.
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Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Financial Cards and Payments market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
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Table of Contents

Financial Cards and Payments in Singapore
Euromonitor International
November 2020

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EXECUTIVE SUMMARY
COVID-19 impact on consumer payments
COVID-19 country impact
COVID-19 supporting the push towards a cashless society
Singapore’s evolving digital economy
Themed heading 4
What next for consumer payments?

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MARKET INDICATORS
Table 1 Number of POS Terminals: Units 2015-2020
Table 2 Number of ATMs: Units 2015-2020
Table 3 Value Lost to Fraud 2015-2020
Table 4 Card Expenditure by Location 2020
Table 5 Financial Cards in Circulation by Type: % Number of Cards 2015-2020
Table 6 Domestic versus Foreign Spend 2020

... continued

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