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A2A payments in e-commerce in 14 countries in Asia 2016-2023, with 2027 forecast
A2A payments in Asia-Pacific are expected to stay at a similar level for the region, although there are significant differences between countries. This is according to a market model that was repeated over several years for different individual countries across Europe. Surprisingly perhaps to some, India's UPI was not part of this list. The world's biggest brand in terms of real-time (instant) payments allows for account-to-account payments - which essentially bank account transfer payments - but this is a small part of the infrastructure. Most UPI payments involve wallets, such as Google Pay. Countries that use A2A much more often are typically found in Southeast Asia.