Fuelled by apps for on-demand services, mobile payment use rises: Visa survey

On-demand services such as those provided by ride-hailing and food and grocery delivery apps are driving mobile payment use in Singapore, according to a Visa survey.

The Visa Consumer Payment Attitudes Survey 2016, released on Tuesday (July 18), shows more than seven out of 10 people are paying for goods and services using smartphone apps. The survey of 500 Internet users was conducted in October last year.

This has gone up from six out of 10 based on the same study done in 2015.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Scommerce. The information provided on Scommerce is intended for informational purposes only. Scommerce is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

scommerce

Welcome! Get free access to EVERYTHING we publish…

Whether you are an investor, tech enthusiast, or entrepreneur we have something for you. You'll get our FREE weekly newsletter with latest news and information along with special offers. Please take time to read our privacy policy. The information you provide us will be processed in accordance with this.