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Alternative payments now account for 40% of e-commerce in Singapore

Alternative payment methods such as mobile and digital wallets are being widely used in the e-commerce space in Singapore, accounting for 38.6% of the payments made on the online payments in 2023. GlobalData’s e-Commerce Analytics reveals that Singapore’s e-Commerce market grew by 16.9% in 2022 to reach SGD17.2 billion ($12.8 billion). The market is expected […]