In 2023, Singapore is expected to have the highest transactional value in mobile POS payments in Southeast Asia with a value of approximately 7.61 billion U.S. dollars. In comparison, digital commerce transaction value in Indonesia was forecast to reach 76.89 billion U.S. dollars in 2023.
Transaction value of digital payments in Southeast Asia in 2023, by country and segment
(in billion U.S. dollars)
Transaction values of over 1 million U.S. dollars are included.
The Digital Payments market segment 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). The following are not included in this segment: transactions between businesses (business to business payments) and payment transactions at the point of sale where mobile card readers (terminals) are used.
All figures are estimates. A detailed methodology can be found in the Statista Market Outlook.
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Statista. (April 23, 2023). Transaction value of digital payments in Southeast Asia in 2023, by country and segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1306238/southeast-asia-digital-payments-transaction-value-by-country-and-segment
Statista. "Transaction value of digital payments in Southeast Asia in 2023, by country and segment (in billion U.S. dollars)." Chart. April 23, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1306238/southeast-asia-digital-payments-transaction-value-by-country-and-segment
Statista. (2023). Transaction value of digital payments in Southeast Asia in 2023, by country and segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1306238/southeast-asia-digital-payments-transaction-value-by-country-and-segment
Statista. "Transaction Value of Digital Payments in Southeast Asia in 2023, by Country and Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Apr 2023, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1306238/southeast-asia-digital-payments-transaction-value-by-country-and-segment
Statista, Transaction value of digital payments in Southeast Asia in 2023, by country and segment (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1306238/southeast-asia-digital-payments-transaction-value-by-country-and-segment (last visited November 10, 2024)
Transaction value of digital payments in Southeast Asia in 2023, by country and segment (in billion U.S. dollars) [Graph], Statista, April 23, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1306238/southeast-asia-digital-payments-transaction-value-by-country-and-segment
