The Digital Wallet Impact
Singapore Edition
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56%
of consumers in Singapore are familiar with digital wallets for cross-border payments
In Singapore, Gen Z and millennial consumers are certainly leading the shift towards digital wallets for cross-border payments—a trend consistent across the countries surveyed in our Global Money Movement Report—yet, compared to the businesses in the country, consumers are considerably less familiar with digital wallets, hindering widespread adoption.
How can this gap be bridged?
