Learn about the payments landscape in the Asia Pacific region.
China is a global pacesetter for mobile payment methods. 92% of the population uses QR-code driven digital wallets.
Hong Kong has a mature ecommerce market, and card pentetration is higher than in most other parts of Asia.
160 million people in India shop online, while 900 million cards are in circulation.
Indonesia is becoming a fast growth market for mobile payments and digital wallets.
Japan is a predominantly cash-based country, but it's ecommerce market is the fourth largest in the world.
70% of Malaysians are in favor of the country ditching cash for digital payments.
Digital wallets are gaining traction in the Philippines, with 30 million people using GCash in the last year.
Ecommerce in Singapore is thriving and 55% of transactions are cross-border.
Cards make up 70% of all payments in South Korea.
Thailand has fewer regulatory restrictions than some Southeast Asian countries, which makes it easier to work domestically or enable cross-border payments.
Vietnam's ecommerce market grew by 46% in 2020.
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