APAC Digital Wallets Dominate Global Payments, Report Says

APAC digital wallets payments remain dominant globally, with digital wallets accounting for 77% of online spend worth USD2.7tr and 63% of in-person transactions worth USD6.3tr in 2025, according to a report by Global Payments.

Adoption is broad-based, led by India and South Korea, while Southeast Asia is seeing rapid growth in account-to-account payments supported by national systems such as PromptPay and PayNow.

Thailand has emerged as a leading A2A market, while Singapore remains card-led but is seeing rising A2A usage.

The firm said interoperable QR systems and real-time payment networks across markets such as Singapore, Thailand and Malaysia are accelerating cross-border transactions and reshaping commerce, with merchants increasingly expected to support local payment preferences.

The scale of APAC digital wallets payments shows how deeply regional payment habits are changing.