Leading e-commerce payment methods in Malaysia 2023

Published by
Amanda Siddharta,
Aug 6, 2024

In 2023, account-to-account (A2A), or direct transfer from one bank to another, were the most popular method of e-commerce payments in Malaysia, accounting for 39 percent of all e-commerce payment methods. Digital wallet ranked second with 24 percent share of e-commerce payments.

Distribution of e-commerce payment methods in Malaysia in 2023

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Source

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Release date

March 2024

Region

Malaysia

Survey time period

2023

Supplementary notes

The source mentions the numbers have been compiled "using a mixture of primary and secondary data sources. Primary refers to their own surveys and commissioned research; whereas secondary refers to authoritative third-party vendor data, and other publicly available data." No specifics, however, are given.

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E-commerce in MalaysiaDigital payments in MalaysiaMobile apps in MalaysiaBanking industry in MalaysiaInternet usage in Malaysia
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