Posts Tagged ‘neobanks’

Visa Study: 2 In 3 Singaporeans Interested In Using Neobanks

Wednesday, March 25th, 2020

Close to 65% of Singaporeans are open to the idea of adopting a digital-only bank, according to the Visa Consumer Payment Attitudes Study.

* All infographics in this story courtesy of Visa.

It comes as no surprise that if consumers were to adopt a digital bank - interest is highest for an existing issuer given the trust already associated with the issuer. Click on infographic to enlarge.

It comes as no surprise that if consumers were to adopt a digital bank – interest is highest for an existing issuer given the trust already associated with the issuer. Click on infographic to enlarge.

The Visa Consumer Payment Attitudes Study was conducted in October 2019 by ENGINE Insights with 511 Singaporeans aged 18-65 years of age.

3 in 4 Singaporeans are aware of the concept of Digital Banking - whilst nearly 2 in 3 would be curious of adopting a digital only bank. Click on infographic to enlarge.

3 in 4 Singaporeans are aware of the concept of Digital Banking – whilst nearly 2 in 3 would be curious of adopting a digital only bank. Click on infographic to enlarge.

This is part of a regional research project conducted in Southeast Asia on 5,000 consumers across seven markets in Southeast Asia.

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