Almost half of Asia Pacific prefers digital payments
By
46% of Asia Pacific’s 1.8 billion online population using an e-wallet regularly
The notion of a cashless society has never seemed a possibility in the cash-heavy region
The shift towards digital payments increases potential and efficiency in regional economies, as well as reducing costs of doing business for SMEs
From the light tap of a contactless card to the convenience of online payments, the switch to cash-free consumerism has surged over the last decade. Currently, the Asia Pacific, which holds an online population of 1.8 billion, leads the shift toward a cashless society.
POLITICO
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With help from Bjarke Smith-Meyer and Mark Scott
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