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S’pore’s payment cards lead with 40% market share in online transactions
An analyst said Singapore’s advanced tech infrastructure has boosted alternative payments.
S’pore’s payment cards lead with 40% market share in online transactions
An analyst said Singapore’s advanced tech infrastructure has boosted alternative payments.
Chart of the Week: 2 in 3 e-commerce transactions in China use alternative payments
Alternative payments make up 67% of the market share.
APAC M&A down 18.8% 11M’23
The region saw a total of 13,151 deals in the eleven months to November.
Alternative payments dominate India’s e-commerce payments
Mobile and digital wallets make up 58.1% of all e-commerce payments in 2023.
Card payments in New Zealand to grow 6.5% in 2023:GlobalData
It will reach about NZ$102.4b.
India’s card payments market to rise 28.6% to $337.1b in 2023
Consumers in India are increasingly embracing electronic payments, GlobalData said.
Chart of the week: alternative payments used in 1 in 3 online shopping transactions
Singapore’s e-commerce market is forecast to grow by 15% this year.
India’s card payments to triple in size by 2027: GlobalData
It is expected to triple in size to $728.2b in 2027 from last year’s $262.1b.
Chart of the Week: 8 in 10 Chinese consumers use mobile wallets
High cost of POS terminals and insufficient payment infrastructure push e-wallet use.
Mobile wallet payments in India to hit $5.7t in 2027
The value of mobile wallet payments doubled from 2018 to 2022.
Chart of the Week: Over 1 in 4 of Taiwan’s online transactions use alternative payments
Over a quarter of Taiwanese online shoppers prefer to pay via alternative payment methods.
Chart of the Week: Cards account for 51% of e-commerce payments in the Philippines
The Philippines’ e-commerce market grew by 31.3% in 2022
Card payments in South Korea to breach $1t: GlobalData
The average frequency of credit card usage in the country grew 137.5 times in 2022.
Chart of the Week: Vietnam’s card payments market to grow 24.1% in 2022
Strong anti-COVID measures allowed the market to reduce the pandemic’s impact.
India’s card payments market to grow 31.2% in 2022
Growing adoption of electronic payments will help push up the card market.
Buy now, pay later gains traction in India
Low credit penetration makes it favourable for BNPL.
Taiwan card payments market to be worth $187.7b by 2025
The market is forecasted to rebound by over 15% in 2021.
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1. DBS and OCBC expected to deliver steady Q1 net profits 2. HK-based fintech KPay expands operations to Singapore 3. Endowus launches full-service digital wealth platform in Hong Kong 4. SC Ventures, ENGIE Factory back conservation financing venture 5. Hang Seng Bank warns against phishing emailAwards
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