mobile wallets
The Next Pedestal of the Payments War for Banks and FIs: Buy Now Pay Later
The Next Pedestal of the Payments War for Banks and FIs: Buy Now Pay Later
Buy Now Pay Later (BNPL) has seen remarkable growth in recent years and is on track to achieve a global market value of US$700b by 2023. This 90% compound annual growth rate (CAGR) reflects the growing penetration of this simple transactional instrument—consumers purchasing a product now with the agreement to pay for it later.
APAC’s mobile wallet adoption chips away at traditional payments’ dominance
Mobile wallet adoption in Thailand, Vietnam far exceed those in the US, the UK.
SEA named world’s fastest-growing mobile wallet region
The number of active mobile wallets is expected to reach 439.7 million by 2025.
Thought Leadership Centre
Most Read
1. The financing challenge behind Asia’s wealth transfer 2. Allianz Global Investors takes over UOB Asset Management 3. Asia’s fintech innovators take centre stage at Asian Banking & Finance Fintech Awards 2026 4. OCBC Q2 net profit climbs 22% to $2.2b on higher non-interest income 5. Nearly 70% of Singapore finance leaders struggle to scale AIResource Center
Read Here
Advertise
Sign Up
Event News
The payment terminal was never the destination; for Payment Asia, it was always the starting point.
Commentary
The financing challenge behind Asia’s wealth transfer
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems
Indonesia’s banks need faster fraud decisions as digital payments grow
China’s leasing giants are growing up — and Asia’s banks can’t look away
Adapting to change with confidence
Asia plays part in $129t global credit market pool