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Asia: The world’s leader in eCommerce market sales

Asia: The world’s leader in eCommerce market sales

Asia leads global eCommerce, driving nearly 50% of worldwide revenue*. Offer local payment methods to tap into the exploding digital payment world within the region. * Source: Statista, 2023

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Count on local expertise to raise your conversion rate

Count on local expertise to raise your conversion rate

Reach millions of new customers by offering local payment methods.

Explore exciting business possibilities in Asia

Select a country

Country List

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.

  • Credit and debit cards

    • Visa
      Visa
    • Mastercard
      Mastercard
    • American Express
      American Express

  • Online bank transfers

    • Standard Charterd
      Standard Charterd
    • MidlandBank
      MidlandBank
    • Dhaka Bank
      Dhaka Bank
    • MTB
      MTB
    • City Bank
      City Bank
    • Brac 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
      Union Pay

  • Online bank transfers

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

India

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

  • Credit and debit cards

    • Visa
      Visa
    • Mastercard
      Mastercard
    • RuPay
      RuPay
    • Maestro
      Maestro

  • Wallets

    • Freecharge
      Freecharge
    • Jio
      Jio
    • Ola Money
      Ola Money
    • MobikWik
      MobikWik
    • PayTM
      PayTM
    • Phone PE
      Phone PE

  • Online bank transfers

    • Canara Bank
      Canara Bank
    • State Bank of India
      State Bank of India
    • Union Bank of India
      Union Bank of India
    • Axis Bank
      Axis Bank

  • Unified payment service (UPI)

    • UPI
      UPI

  • Pay later

    • Simpl
      Simpl
    • ICICI Bank
      ICICI Bank
    • Epay Later
      Epay Later
Learn more about India View Documentation

Indonesia

eWallets are the most popular payment method in Indonesia*.

* Source: IDC InfoBrief, 2022

  • Credit and debit cards

    • Union Pay
      Union Pay
    • Visa
      Visa
    • Mastercard
      Mastercard
    • American Express
      American Express
    • JCB
      JCB
    • Diners
      Diners

  • Wallets

    • QRIS
      QRIS
    • Link aja
      Link aja
    • Dana
      Dana
    • OVO
      OVO
    • GoPay
      GoPay
    • ShopeePay
      ShopeePay

  • Cash-based payments

    • Lawson
      Lawson
    • DAN+DAN
      DAN+DAN
    • Indomaret
      Indomaret
    • Alfamart
      Alfamart

  • Online bank transfers

    • Maybank
      Maybank
    • ATM Bersama
      ATM Bersama
    • Alto
      Alto
    • Prima
      Prima
    • Permata Bank
      Permata Bank
    • BNI
      BNI
    • Mandiri
      Mandiri
    • Bank Bri
      Bank Bri
    • BCA
      BCA
    • Flip
      Flip
Learn more about Indonesia View Documentation

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
      Union Pay
    • Visa
      Visa
    • Mastercard
      Mastercard

  • Wallets

    • Touch n'go
      Touch n'go
    • GrabPay
      GrabPay
    • Boost
      Boost
    • Touch n'go
      Touch n'go
    • Duitnow
      Duitnow

  • Cash-based payments

    • Seven Eleven
      Seven Eleven

  • Online bank transfers

    • Citi
      Citi
    • PUBLIC BANK
      PUBLIC BANK
    • Maybank
      Maybank
    • OCBC Bank
      OCBC Bank
    • Standard Charterd
      Standard Charterd
    • BANK ISLAM
      BANK ISLAM
    • AmBank
      AmBank
    • AFFIN BANK
      AFFIN BANK
    • RHB BANK
      RHB BANK
    • CIMB BANK
      CIMB BANK
    • Hong Leong Bank
      Hong Leong Bank
    • FPX
      FPX
    • DuitNow
      DuitNow

  • Pay later

    • Atome
      Atome
Learn more about Malaysia View Documentation

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

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

  • Online bank transfers

    • Simpaisa
      Simpaisa

Philippines

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