In 2022, with 39 percent, domestic payments which include real-time payment (RTP) schemes and online bank transfers, had the biggest market share among other methods of e-commerce payments. This was forecast to decrease and other cashless methods like mobile wallets and buy now pay later (BNPL) were expected to gain more popularity by 2027.
Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027
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IDC. (October 28, 2023). Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027 [Graph]. In Statista. Retrieved May 18, 2024, from https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/
IDC. "Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027." Chart. October 28, 2023. Statista. Accessed May 18, 2024. https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/
IDC. (2023). Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027. Statista. Statista Inc.. Accessed: May 18, 2024. https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/
IDC. "Market Share of E-commerce Payment Methods in Malaysia in 2022, with Forecasts for 2024 and 2027." Statista, Statista Inc., 28 Oct 2023, https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/
IDC, Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027 Statista, https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/ (last visited May 18, 2024)
Market share of e-commerce payment methods in Malaysia in 2022, with forecasts for 2024 and 2027 [Graph], IDC, October 28, 2023. [Online]. Available: https://www.statista.com/statistics/1367275/malaysia-e-commerce-payments-market-share/