It’s 14% of face-to-face August transactions.
Singapore is now the fastest growing Visa payWave market in the world with Visa payWave representing 14 percent of face-to-face transactions in August 2013.
According to the latest numbers by Visa, Singaporeans conducted more than one million Visa payWave contactless transactions in August 2013, making Singapore the fastest growing country in the world for Visa payWave uptake.
Ooi Huey Tyng, Visa Country Manager, Singapore and Brunei, believes this growth is the result of increased acceptance by retailers, spurred by the addition of new merchants in the “everyday” segment, such as cafes, cinemas, fast food chains, pharmacies and convenience stories, as well as increased consumer acceptance. She said,
“It’s great to see Singaporeans are embracing Visa payWave as a fast and more convenient way to pay. By surpassing the 1 million Visa payWave monthly transaction mark there is no denying that Singapore is a country where contactless payments are taking off. We share this success with our banking and retail partners who have worked hard to increase issuance and acceptance of Visa payWave across Singapore,”
Contactless payment momentum has been greatly supported by major supermarket chains in Singapore and this has increased Visa payWave acceptance across the island. Cold Storage, Market Place, Giant and, most recently, NTUC FairPrice have also adopted Visa payWave as a payment option. That brings the number of Singapore retail acceptance points to more than 12,000.
There are now more than 1.5 million Visa payWave cards issued in Singapore, an increase of half a million cards since the beginning of the year. In an earlier report, Ooi expects to see this number grow to two million by the end of 2013. Locally, cardholders can choose from 17 Visa payWave cards issued by banks in Singapore, and the number is expected to reach 25 by the end of the year.
By: Jacky Yap
Source: http://e27.co/2013/09/09/singapore-breaks-1m-visa-paywave-transactions-monthly-milestone/
Sept 9, 2013
Singapore slams 1M Visa payWave transactions monthly milestone
Không có nhận xét nào:
Đăng nhận xét