Bank payment card penetration reached 352% in 2016 in Singapore, according to the National Central Bank. This is 1.19% less than in the previous year.
Historically, bank payment card penetration in Singapore reached an all time high of 380% in 2013 and an all time low of 21.5% in 1989.
Singapore has been ranked 6th within the group of 50 countries we follow in terms of bank payment card penetration.
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