![R. Hirschmann](/https://cdn.statcdn.com/static/../CMS/contactperson/ERI1956_1592297316.png)
Share of enterprises that used e-payments in Singapore 2016-2023
In 2023, 94 percent of surveyed enterprises in Singapore had adopted e-payments in their business activities. Using electronic payments is one factor that can lower the costs for businesses and enhance payment security.