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Global Usage : Debit cards accounted for 23% of online retailpayments worldwide in 2023, with particularly high use in markets such as Canada, where over 60% of consumers prefer debit cards over credit.
Singapore furthers payment innovation aspirations 2023 also saw Singapore advance its payment innovation ambitions, particularly in the realms of electronic payments and cross-borderpayment capabilities. SGQR+ aims to increase the number of payment methods that merchants can accept.
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