Asia: digital payments transaction by segment

Digital payments had the greatest transaction value of all FinTech segments in 2020, amounting to over 3.3 trillion U.S. dollars. Digital commerce in this segment created the majority of this, accounting for almost 2.04 trillion U.S. dollars. Digital commerce also had the greatest userbase among Digital payments FinTechs. Mobile Point of Service (POS) payments accounted for the remaining 1.23 trillion U.S. dollars. By 2026, the Statista Digital Market Outlook estimates that transaction values of both Digital Commerce and Mobile Point of Service will increase to 3.75 billion and 2.62 trillion U.S. dollars respectively.

Transaction value of digital payments in Asia from 2017 to 2026, by segment (in trillion U.S. dollars)

Characteristic	Digital Commerce	Mobile POS Payments	Digital Remittance
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Supplementary notes

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 . The following are not included in this segment: transactions between businesses (Business-to-Business payments), bank transfers initiated online (that are not in connection with products and services purchased online), and payment transactions at the point-of-sale where mobile card readers (terminals) are used.

All figures are estimates. For further information please see the methodology of Digital Market Outlook.

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