Bank debit card penetration reached 192% in 2017 in Singapore, according to the National Central Bank. This is 2.23% more than in the previous year.
Historically, bank debit card penetration in Singapore reached an all time high of 202% in 2013 and an all time low of 185% in 2015.
Singapore has been ranked 5th within the group of 42 countries we follow in terms of bank debit card penetration.
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