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Accelerate Growth in Asia’s Leading eCommerce Hubs

Accelerate Growth in Asia’s Leading eCommerce Hubs

Asia leads global eCommerce, generating nearly 50% of worldwide revenue. dLocal offers digital wallets, bank transfers, and real-time payments across China, India, Japan, and Southeast Asia, ensuring compliance and secure transactions for businesses looking to enter this dynamic market. * Source: Statista, 2023

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Bangladesh

Bangladesh is a fast-growing eCommerce market, mainly due to the boost received from the Bangladesh Bank since the late 2000s. With a significant dependency on the Cash-on-Delivery payment method, currently used in 90% of online transactions, the credit and debit card usage is gradually gaining speed. Twelve million people (7% of the country’s population) use debit cards, and approximately 1 million (less than 1%) use credit cards. Understanding Bangladesh consumers and offer local payment methods are the key for all merchants looking to set their footprint in this market.

  • Bank Transfers

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    • Standard Charterd
    • MidlandBank
    • MTB
    • City Bank
    • Brac Bank

China

China has the largest eCommerce revenue in the world: USD 1.305B*.

* Source: Statista. 2023

  • Credit and debit cards

    • Union Pay
  • Bank Transfers

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    • Bank of China
    • Agricultural Bank of China
    • China Construction Bank
    • China Minsheng Bank
    • SPD Bank
    • China Everbright Bank
    • Postal Savings Bank of China
    • China Merchants Bank
    • Bank of Beijing
    • Bank of Communications
    • Bank of Jiangtsu
    • Bank of Ningbo
    • Bank of Shangai
    • China Bohai Bank
    • China Citic Bank
    • China Guangfa Bank
    • China Zheshang Bank
    • Hengfeng Bank Co.
    • ICBC
    • Industrial Bank Co., Ltd
    • Ping An Bank
    • Shanghai Pudong Development Bank

Philippines

The projected market volume is expected to reach $25 billion by 2027.

  • Credit and debit cards

    • Visa Visa
    • Mastercard Mastercard
  • Wallets

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    • GrabPay
    • ShopeePay
    • Paymaya
    • GCash
  • Cash-based payments

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    • Cebuana
    • LBC
    • Alawan Express
    • M Luhillier
  • Bank Transfers

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    • Regular Bank Transfers
    • Union Bank
    • BPI

India

The world's most populated country is growing in business opportunities.

  • Credit and debit cards

    • Visa Visa
    • Mastercard Mastercard
    • RuPay
    • Maestro
    • American Express
    • Diners
  • Bank Transfers

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    • Net Banking
  • Unified payment service (UPI)

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    • UPI UPI

Indonesia

eWallets are the most popular payment method in Indonesia*.

* Source: IDC InfoBrief, 2022

  • Credit and debit cards

    • Visa Visa
    • Mastercard Mastercard
    • JCB
  • Wallets

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    • ShopeePay
    • QRIS
    • Link aja
    • Dana
    • OVO
  • Cash-based payments

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    • Alfamart
  • Bank Transfers

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    • Maybank
    • Regular Bank Transfers
    • ATM Bersama
    • Alto
    • Prima
    • Permata Bank
    • BNI
    • Mandiri
    • Bank Bri
    • BCA
    • Flip

Malaysia

The country's eCommerce is projected to be one of the largest in Southeast Asia, with an annual growth rate of 13.25%*.

* Source: Statista, 2023

  • Credit and debit cards

    • Union Pay
    • Visa Visa
    • Mastercard Mastercard
  • Wallets

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    • GrabPay
    • Boost
    • Touch n'go
    • ShopeePay
  • Cash-based payments

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    • Seven Eleven
  • Bank Transfers

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    • Citi
    • PUBLIC BANK
    • Maybank
    • OCBC Bank
    • Standard Charterd
    • BANK ISLAM
    • AmBank
    • AFFIN BANK
    • RHB BANK
    • Hong Leong Bank
    • FPX
    • DuitNow
    • CIMB BANK
    • Regular Bank Transfers
  • Buy Now, Pay later

    • Atome

Pakistan

The fastest growing alternative payment method in Pakistan,  a country with a population of over  241 million, is the eWallet. eWallets such as JazzCash and Easypaisa making eCommerce, transactions and coverage easier than ever for businesses and consumers alike. Previously, many digital purchases were paid using cash-on-delivery (CoD), but this is slowly changing as internet access becomes more common.

The rapid growth of internet penetration has risen rapidly, averaging over 35% per year. This has caused a shift in many businesses to become mobile first. Digital transactions and internet banking are expected to grow as the over 100 million Internet subscribers become more acquainted with eCommerce.

*Sources: worldometers.info & trade.gov

  • Credit and debit cards

    • Visa Visa
    • Mastercard Mastercard
  • Wallets

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    • easypaisa
    • jazz cash
    • Bank Alfalah
    • Konnect by HBL
  • Bank Transfers

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    • Regular Bank Transfers
    • Simpaisa

Thailand

With a population of 69 million people, Thailand has a GDP of US$ 500 billion and an eCommerce market value of US$ 26 billion. Card payments lead as the payment method of choice in the Land of Smiles at 25.7% of market share with bank transfers (23.8%) and eWallets (22.8%) close behind, although the usage of digital wallets is predicted to increase and gain a market share of 28%.

  • Credit and debit cards

    • Union Pay
    • Visa Visa
    • Mastercard Mastercard
    • JCB
    • Diners
  • Wallets

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    • ShopeePay
    • Rabbit line pay
    • WeChat Pay WeChat Pay
    • Alipay
    • True Money
    • Thai QR Payment
  • Cash-based payments

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    • Tesco Lotus
    • BigC
  • Bank Transfers

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    • Regular Bank Transfers
    • WeChat Pay
    • Thai QR Payment
    • Promtpay

Vietnam

Merchants selling into Vietnam can accept international cards such as Visa, MasterCard and UCB, as well as local credit cards and wallets such as VTC Pay, Vietcombank, Techcombank, and more.

  • Credit and debit cards

    • Visa Visa
    • Mastercard Mastercard
    • JCB
    • Napas
  • Wallets

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    • Ninepay
    • VT PAY
    • MoMo
    • VNPay
  • Bank Transfers

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    • PUBLIC BANK
    • Regular Bank Transfers
    • Sacombank
    • BAOVIET
    • SCB
    • KIENLONG BANK
    • PV COM BANK
    • OCB
    • GP BANK
    • VRB
    • VPBank
    • BAC A BANK
    • LienVietPostBank
    • ABBANK
    • TP Bank
    • SAIGON BANK
    • SeABank
    • EXIMBANK
    • ACB
    • PG BANK
    • HDBank
    • AGRIBANK
    • VietinBank
    • DONGA Bank
    • MB
    • TECHCOMBANK
    • Vietcombank
    • VietQR

Most commonly used payment methods

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