Market Overview
Malaysia’s eCommerce market volume is expected to reach $14 billion by 2027*. * Source: Statista, 2023
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Population: 34M *
Kuala Lumpur has a large financial sector and is ranked 22nd in the world in the Global Financial Centres Index.
* Source: Worldometers 2023.
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eCommerce: 10.7B *
The market size is expected to rise dramatically in the coming years.
* Source: mordorintelligence, 2024
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Internet users: 97% *
By 2027, the eCommerce market is projected to have approximately 19.64 million users*.The market size is expected to rise dramatically in the coming years.
* Source: Datareportal, beginning of 2023.
Gain insight into Malaysia's most relevant payment methods
- 37% Bank Transfers and RTP
- 24% eWallets
- 17% Credit Card
- 11% Debit cards
- 6% Cash
- 5% Others
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Credit and debit cards
Play like a local by offering traditional payment methods.
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Wallets
Tackle all audiences.
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Cash-based payments
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Bank Transfers
Count on a wide variety of options to drive conversion.
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Pay later
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