The transaction value is forecast to experience significant growth in all regions in 2028. From the selected regions, the ranking by transaction value in the 'Digital Payments' segment of the fintech market is forecast to be led by Indonesia with 148.13 billion U.S. dollars. In contrast, the ranking is trailed by Malaysia with 42.02 billion U.S. dollars, recording a difference of 106.11 billion U.S. dollars to Indonesia.
Data provided by Statista Market Insights are estimates.
Definition:
The Digital Payments market segement is led by consumer transactions and includes payments for products and services which are made over the Internet as well as mobile payments at point of sale (POS) via smartphone applications and cross-border money transfers made over the internet (digital remittances). Transaction value equals money transfers out of the selected region.
Structure:
The three markets in Digital Payments include Digital Commerce, Mobile PoS payments, and Digital Remittances.
Additional Information:
The market comprises transaction values, average transaction value per user, users and user penetration rates. Transaction values in the Digital Payments market segment refers to consumer transactions made via the Internet or mobile wallets.
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Statista Digital Market Insights. (January 22, 2024). Transaction value of digital payments of selected countries in Southeast Asia from 2023 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1349417/southeast-asia-digital-payments-transaction-value-by-country
Statista Digital Market Insights. "Transaction value of digital payments of selected countries in Southeast Asia from 2023 to 2028 (in billion U.S. dollars)." Chart. January 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1349417/southeast-asia-digital-payments-transaction-value-by-country
Statista Digital Market Insights. (2024). Transaction value of digital payments of selected countries in Southeast Asia from 2023 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1349417/southeast-asia-digital-payments-transaction-value-by-country
Statista Digital Market Insights. "Transaction Value of Digital Payments of Selected Countries in Southeast Asia from 2023 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Jan 2024, https://www.statista.com/forecasts/1349417/southeast-asia-digital-payments-transaction-value-by-country
Statista Digital Market Insights, Transaction value of digital payments of selected countries in Southeast Asia from 2023 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1349417/southeast-asia-digital-payments-transaction-value-by-country (last visited November 21, 2024)
Transaction value of digital payments of selected countries in Southeast Asia from 2023 to 2028 (in billion U.S. dollars) [Graph], Statista Digital Market Insights, January 22, 2024. [Online]. Available: https://www.statista.com/forecasts/1349417/southeast-asia-digital-payments-transaction-value-by-country
