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Review in-depth guides and articles on everything payments-related in Southeast Asia, Europe and Turkey

Country Knowledge Base

Understand how the payment landscape is evolving in regions of fast ecommerce growth



Digital payments, which include cards, ewallets and real-time banking payments has risen significantly in Malaysia over the past decade, most notably during the COVID-19 pandemic.

It’s a revolution that’s bound to continue.

'22-'25 Growth CAGR


Ecommerce Payment Method Penetration


Hong Kong

Hong Kong is heading towards a near-cashless society with forecasts reporting paper money and coins will account for no more than 1.6% of point-of-sale transactions by 2024.

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Thanks to a young, social-media focused population, and high smartphone and bank penetration, the conditions required for ecommerce growth have been established in Thailand.

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The Bangko Sentral ng Pilipinas (BSP) has estimated that soon almost half of all retail payments across the Philippines will be facilitated through digital methods.

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Data from the Ministry of Trade in Turkey (known globally as Türkiye) shows the number of ecommerce transactions increased to US$3.4 billion in 20221.

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According to NielsenIQ, the number of Indonesian consumers using e-commerce grew to 32 million in 2021, which represents an increase of 88% from 2020.

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News & Press

Read the latest news and announcements from NomuPay

December 6, 2022 in News & Press

Unified payments platform, NomuPay, announces Global Board of Directors

NomuPay Group, a fast-growth financial technology company, today announced the formation of its Global Board of Directors. Composed of seasoned industry veterans, the Board includes Finch Capital Managing Partner, Radboud…
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November 30, 2022 in News & Press

Planet partners with NomuPay to extend its hospitality footprint across Asia Pacific

Planet, a global technology leader providing integrated software and payment services, has today announced a partnership agreement with NomuPay. It’s part of a shared ambition to deliver integrated payments and…
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July 21, 2021 in News & Press

NomuPay names Peter Burridge as Group Chief Executive Officer

Peter Burridge, NomuPay Group CEO NomuPay, a Finch Capital funded company, today completed two transactions to acquire Wirecard Payment Solutions Malaysia and Wirecard Payment Solutions Hong Kong, and announced the…
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