As one of the fastest-paced regions for innovation, transactions have continuously evolved in APAC, and here deriving figures originally correlated by Singapore news sources, we unpack what the future of the region’s payments might look like.
Asia’s BNPL boom
The ability to buy now pay later (BNPL) found its defining year in 2022, and not just in APAC. This is confirmed by GlobalData’s prediction last year that the BNPL market will top $1trillion worldwide by 2030.
