T8: Volume of transactions processed by selected payment systems
(millions, unless otherwise stated; total for the year)
«Singapore»
 Year
« ‹ 2017 › »
 2013 2014 2015 2016 2017
Large-value payment systems
MEPS+(IFT)
Total gross volume55556
Breakdown of 'total gross volume' by instrument type
Credit transfersnavnavnavnavnav
Direct debitsnavnavnavnavnav
Chequesnavnavnavnavnav
Card and e-money paymentsnavnavnavnavnav
Other payment instrumentsnavnavnavnavnav
Partial breakdown of 'total gross volume'
Of which: volume of settlement in the PS in question for other PSsnavnavnavnavnav
Breakdown of 'volume of settlement in the PS in question for other PSs'
 by PS whose transactions are settled
Concentration ratio in terms of volume (%)navnavnav58.5057.00
Retail payment systems
IBG
Total gross volume1009899103106
Breakdown of 'total gross volume' by instrument type
Credit transfers4341424548
Direct debits5757575858
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cycles11111
SGDCCS
Total gross volume 17168656156
Breakdown of 'total gross volume' by instrument type
Credit transfersnapnapnapnapnap
Direct debitsnapnapnapnapnap
Cheques7168656156
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cycles22222
USDCCS
Total gross volume11111
Breakdown of 'total gross volume' by instrument type
Credit transfersnapnapnapnapnap
Direct debitsnapnapnapnapnap
Cheques11111
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cycles11111
Fast payment systems
FAST
Total gross volumenapnap192739
Breakdown of 'total gross volume' by instrument type
Credit transfersnapnap192739
Direct debitsnapnap000
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cyclesnapnap222
 1  2017: Updated from 55.920 to 56.169 (submission in 2018).