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Local payment methods in Asia Pacific

Learn about the payments landscape in the Asia Pacific region.

Singapore

Singapore

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

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Hong Kong

Hong Kong

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

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Indonesia

Indonesia

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

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China

China

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

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Japan

Japan

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

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Thailand

Thailand

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

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Vietnam

Vietnam

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

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Philippines

Philippines

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

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Malaysia

Malaysia

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

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India

India

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

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South Korea

South Korea

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

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