One out of three Singaporeans has experienced fraud, phishing online, says Paypal survey

Singaporeans are still leery of doing financial transactions on the Internet, according to a recent survey by Paypal.

The research study, which was commissioned by PayPal and executed by Nielsen, collected over one thousand responses from Sinagporeans in a two-week survey period from end July to early August 2011.

The key criteria to be included in the study was having transacted online or through a mobile device in the past three months.

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