Why businesses must win the trust of Singapore’s Gen X in digital payments

Businesstimes
2025.11.18 08:25
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Singapore's digital economy is projected to grow significantly, but Gen X's reluctance to adopt new payment methods like digital wallets and QR codes poses a challenge. Only 42% of Singapore's Gen X are open to these methods, compared to higher adoption rates in Vietnam, Thailand, and Indonesia. This generational gap also affects social commerce adoption, with only 15% of Singapore's Gen X preferring social app purchases.

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