According to a 2021 survey on factors motivating senior citizens' use of card payments, 57 percent of the respondents in Singapore indicated that the transaction speed is one of the motivating factors. On the other hand, 36 percent of the respondents indicated that one of the motivating factors for the usage of card payments is fraud prevention.
Factors motivating senior citizens to increase card payment usage in Singapore as of May 2021
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Statistics
Visa Inc.. (September 1, 2021). Factors motivating senior citizens to increase card payment usage in Singapore as of May 2021 [Graph]. In Statista. Retrieved May 25, 2024, from https://www.statista.com/statistics/1318674/singapore-factors-motivating-senior-citizens-use-of-card-payments/
Visa Inc.. "Factors motivating senior citizens to increase card payment usage in Singapore as of May 2021." Chart. September 1, 2021. Statista. Accessed May 25, 2024. https://www.statista.com/statistics/1318674/singapore-factors-motivating-senior-citizens-use-of-card-payments/
Visa Inc.. (2021). Factors motivating senior citizens to increase card payment usage in Singapore as of May 2021. Statista. Statista Inc.. Accessed: May 25, 2024. https://www.statista.com/statistics/1318674/singapore-factors-motivating-senior-citizens-use-of-card-payments/
Visa Inc.. "Factors Motivating Senior Citizens to Increase Card Payment Usage in Singapore as of May 2021." Statista, Statista Inc., 1 Sep 2021, https://www.statista.com/statistics/1318674/singapore-factors-motivating-senior-citizens-use-of-card-payments/
Visa Inc., Factors motivating senior citizens to increase card payment usage in Singapore as of May 2021 Statista, https://www.statista.com/statistics/1318674/singapore-factors-motivating-senior-citizens-use-of-card-payments/ (last visited May 25, 2024)
Factors motivating senior citizens to increase card payment usage in Singapore as of May 2021 [Graph], Visa Inc., September 1, 2021. [Online]. Available: https://www.statista.com/statistics/1318674/singapore-factors-motivating-senior-citizens-use-of-card-payments/