Asia

The Digital Payment Solution for High Growth Markets

Countries We Solve For

  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • Taiwan
  • Thailand
  • Vietnam

Download our Guide to Asia and gain access to the largest markets in our network.

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Guide Emerging Markets Asia

Featured Markets

India
Japan
Malaysia
Philippines
South Korea
Thailand
Vietnam

India

  • 729 million debit cards – majority NOT activated for international purchases
  • 300 million plus smartphone users and increasing at a phenomenal rate
  • $16 billion in B2C e-commerce sales in 2016
Debit cards
35%
Credit cards
26%
Bank transfers
21%
Digital wallets
18%
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India

Japan

  • Japan is the world’s third largest market
  • GDP: $4871 USD Billion
  • Population: 127 million
Debit cards
36%
Credit cards
23%
Konbini
17%
Payments on invoice
11%
Other
17%
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Japan

Malaysia

  • 40% of all e-commerce transactions are cross-border purchases
  • $563 million online retail sales in 2016
  • 78% of households have broadband
Bank Transfers
52%
Debit cards
30%
Credit Cards
10%
Digital Wallets
5%
Cash (ATM/over-the-counter)
3%
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Malaysia

Philippines

  • e-commerce market is driven by their internet usage and high mobile penetration
  • Cash-on-delivery is still the preferred payment method
  • Other payment methods include bank cards, e-wallets, bank transfers, and prepaid cards
Payment-Over-The-Counter
55%
Bank transfers
23%
ATM
12%
Digital wallet
10%
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Philippines

South Korea

  • 99.2% of households have internet access
  • 91% smartphone penetration rate – the biggest in the world
  • $48 billion in online shopping transactions in 2016
Credit cards
64%
Debit cards
10%
Digital wallets
5%
Cash-on-delivery
5%
Bank transfers
4%
Other
12%
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South Korea

Thailand

  • 68 million people
  • Preference for making online purchases on social media.
Mobile payments
66%
Credit cards
21%
e-Wallets
11%
Prepaid cards
1%
Bank transfers
1%
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Thailand

Vietnam

  • E-commerce market is expected to soar by 150% to $10 billion by 2022
  • Vietnam is the third largest country in Southeast Asia
  • Has the fastest growing middle class in Southeast Asia
Local debit cards
66%
Digital wallets
25%
Internations credit cards
10%
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Vietnam

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