Local payment methods in Asia Pacific

Learn about the payments landscape in the Asia Pacific region.

Visitors walking in the courtyard of the Forbidden City under a clear sky in China

China

China is a global pacesetter for mobile payment methods. 92% of the population uses QR-code driven digital wallets.

Aerial view of a colorful container terminal at the docks in Hong Kong

Hong Kong

Hong Kong has a mature ecommerce market, and card pentetration is higher than in most other parts of Asia.

Sunrise over river with reflections of colorful buildings and a boat in India

India

160 million people in India shop online, while 900 million cards are in circulation.

Aerial view of lush green islets in a vibrant blue sea in Indonesia.

Indonesia

Indonesia is becoming a fast growth market for mobile payments and digital wallets.

Mount Fuji in Japan with snow cap reflected in a lake with red autumn leaves in the foreground

Japan

Japan is a predominantly cash-based country, but it's ecommerce market is the fourth largest in the world.

Aerial view of a multi-lane highway with traffic and green terraced slopes on either side in Malaysia.

Malaysia

70% of Malaysians are in favor of the country ditching cash for digital payments.

Sunset casting soft light over misty hills with a lone tree on the crest in the Philippines.

Philippines

Digital wallets are gaining traction in the Philippines, with 30 million people using GCash in the last year.

Curved modern structure with illuminated arches and wooden deck at dusk in Singapore

Singapore

Ecommerce in Singapore is thriving and 55% of transactions are cross-border.

Traditional Korean temple roof with intricate multicolored patterns against a clear blue sky

South Korea

Cards make up 70% of all payments in South Korea.

Aerial view of three colorful boats floating on clear blue waters in Thailand.

Thailand

Thailand has fewer regulatory restrictions than some Southeast Asian countries, which makes it easier to work domestically or enable cross-border payments.

Terraced rice fields with a small hut during sunrise in Vietnam.

Vietnam

Vietnam's ecommerce market grew by 46% in 2020.

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