Cards are king when it comes to making payment in Singapore: Report

Credit cards accounted for 36 per cent of all point-of-sale transactions made in Singapore in 2022. - ST FILE

SINGAPORE (The Straits Times/Asia News Network): Cards are king in Singapore.

In terms of monetary value, credit cards accounted for 36 per cent of all point-of-sale (POS) transactions made in Singapore in 2022, followed by debit cards at 21 per cent and cash at 19 per cent.