A working tracker of who owns mobile payments across fifteen Asian markets. Alipay and WeChat Pay in China, UPI in India, GCash in the Philippines, and a region-specific stack everywhere else.
GCash is the Philippines’ most popular e-wallet and the financial infrastructure for a country where about two-thirds of adults lacked a bank account in 2017 and only 50.2% had an … Read more
Asia-Pacific’s digital wallets processed $36.8 trillion in spending in 2024 (Juniper Research), and the fight for dominance is getting nastier. GCash commands 89% of the Philippines’ mobile wallet market with … Read more
The Philippines‘ digital wallet market hit $4.1 billion in 2025, growing at 11.2% CAGR (Expert Market Research). Digital payments now account for 57.4% of all retail transaction volume and 59% … Read more
The Philippines is now a USD 40 billion digital economy. That figure—reported by the Philippine Statistics Authority—represents 8.5% of the country’s total GDP and signals something that anyone who’s spent … Read more
Digital wallets, account-to-account payments and buy-now-pay-later services are changing how Southeast Asian consumers pay online. However, payment preferences differ substantially by market, and cash on delivery remains part of the … Read more
The DIA Briefing
Asia’s digital markets, every other week. Free.