Data provided by ÌÇÐÄÆƽâ°æ Market ÌÇÐÄÆƽâ°æ 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.
Citation formats
Digital commerce penetration rate SEA 2023-2028, by country
The penetration rate is forecast to experience significant growth in all regions in 2028. From the selected regions, the ranking by penetration rate in the 'Digital Payments' segment of the fintech market is forecast to be led by Singapore with percent. In contrast, the ranking is trailed by the Philippines with percent, recording a difference of percentage points to Singapore.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Use ÌÇÐÄÆƽâ°æ now:
unlimited access to all content
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
ÌÇÐÄÆƽâ°æ. (January 22, 2024). Penetration rate of digital payments of selected countries in Southeast Asia from 2023 to 2028 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /forecasts/1349373/southeast-asia-digital-payments-penetration-rate-by-country/
ÌÇÐÄÆƽâ°æ. "Penetration rate of digital payments of selected countries in Southeast Asia from 2023 to 2028." Chart. January 22, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /forecasts/1349373/southeast-asia-digital-payments-penetration-rate-by-country/
ÌÇÐÄÆƽâ°æ. (2024). Penetration rate of digital payments of selected countries in Southeast Asia from 2023 to 2028. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /forecasts/1349373/southeast-asia-digital-payments-penetration-rate-by-country/
ÌÇÐÄÆƽâ°æ. "Penetration Rate of Digital Payments of Selected Countries in Southeast Asia from 2023 to 2028." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 22 Jan 2024, /forecasts/1349373/southeast-asia-digital-payments-penetration-rate-by-country/
ÌÇÐÄÆƽâ°æ, Penetration rate of digital payments of selected countries in Southeast Asia from 2023 to 2028 ÌÇÐÄÆƽâ°æ, /forecasts/1349373/southeast-asia-digital-payments-penetration-rate-by-country/ (last visited July 30, 2026)
Penetration rate of digital payments of selected countries in Southeast Asia from 2023 to 2028 [Graph], ÌÇÐÄÆƽâ°æ, January 22, 2024. [Online]. Available: /forecasts/1349373/southeast-asia-digital-payments-penetration-rate-by-country/
