In 2022, with 39 percent, domestic payments which include real-time payment (RTP) schemes and online bank transfers, had the biggest market share among other methods of e-commerce payments. This was forecast to decrease and other cashless methods like mobile wallets and buy now pay later (BNPL) were expected to gain more popularity by 2027.
Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027
**Include credit and debit cards.
***Include RTP schemes, local payments, and online banking.
****Include cash on delivery, counter payments, and ATM payments.
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IDC. (October 28, 2023). Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/
IDC. "Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027." Chart. October 28, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/
IDC. (2023). Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/
IDC. "Market Share of E-commerce Payment Methods in Malaysia in 2022, with Forecasts for 2024 and 2027." Statista, Statista Inc., 28 Oct 2023, https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/
IDC, Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027 Statista, https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/ (last visited November 21, 2024)
Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027 [Graph], IDC, October 28, 2023. [Online]. Available: https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/
