More and more players are entering the mobile payments space in Southeast Asia yet most consumers aren’t biting. That’s about to change.
Internet Penetration Rate 82%
Literacy Rate 97%
Singapore, officially the Republic of Singapore, is a modern city-state and island country in Southeast Asia. It is one of the world’s major commercial hubs, the fourth-largest financial centre and one of the top two busiest container ports in the world for at least the past ten years. Its globalised and diversified economy depends heavily on trade, especially manufacturing, which accounted for around 30 percent of Singapore’s GDP in 2013.
Country data primarily sourced from World Bank's Data Bank.
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