APAC payments forecast hits $24t by 2033

The region is projected to capture 36% of worldwide outbound flows.

Outbound retail cross-border payments from the Asia-Pacific region are projected to grow strongly over the next decade, increasing the region’s share of global flows.

In 2025, outbound retail cross-border payments from Asia-Pacific totalled $13.5t, accounting for 31% of global outflows, according to FXC Intelligence market sizing data. 

Most of this volume, around 83%, came from business-to-business (B2B) and business-to-consumer (B2C) transactions, whilst the remaining share was made up of consumer-to-consumer (C2C) and consumer-to-business (C2B) payments. 

This is slightly below the global average, where B2B and B2C flows account for 84%.

By 2033, Asia-Pacific’s total cross-border payments volume is expected to reach $24t.

This growth would raise the region’s share of global outflows to 36%, with B2B and B2C payments accounting for 35% of the global total in those segments.

Trade and supply chain activity remains a key driver of cross-border payments in the region and is expected to continue supporting growth, particularly in B2B flows linked to goods. 

At the same time, regional factors are contributing to rising volumes. Increased digitisation is expected to drive demand for overseas software and services on the B2B side. 

Growth in C2B payments is likely to be supported by higher levels of online retail, cross-border shopping, and international travel, especially from Southeast Asian markets.