GrabPay rated most popular e-wallet here over past two years

It can be used to pay for services offered by Grab, report notes

Consumers can now pay for goods and services using a wide range of e-payment options. A report by JP Morgan this year showed that 14 per cent of e-payments here are now made using a digital wallet. It also predicted that the use of digital wallets wo
Consumers can now pay for goods and services using a wide range of e-payment options. A report by JP Morgan this year showed that 14 per cent of e-payments here are now made using a digital wallet. It also predicted that the use of digital wallets would rise over the next two years, to make up 22.5 per cent of all sales by 2021.
ST PHOTO: KUA CHEE SIONG
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GrabPay has emerged as the most popular e-wallet in Singapore over the past two years, as e-payment systems catch on in the city-state. It was followed by e-wallets DBS PayLah!, FavePay, EZ-Link app and Alipay.

A report by meta-search website iPrice Group, in collaboration with mobile data and analytics platform App Annie Intelligence, showed that the contactless payment rendered by Grab has been the most actively used e-wallet app by Singaporeans since the end of 2017.

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A version of this article appeared in the print edition of The Straits Times on November 01, 2019, with the headline GrabPay rated most popular e-wallet here over past two years. Subscribe