According to a survey in 2023, 35 percent of respondents in Malaysia have used online bank transfer as well as debit card, making these the two most popular cashless payment methods. This was followed by e-wallet, with 26 percent of respondents saying they have used this cashless method.
Usage of cashless payment among consumers in Malaysia in 2023, by type
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Other statistics that may interest you Digital payments in Malaysia
Overview
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- Premium Statistic Digital commerce penetration rate SEA 2023-2028, by country
- Premium Statistic Digital payments transaction value in Southeast Asia 2023, by country and segment
- Premium Statistic Digital payments average transaction in Southeast Asia 2022, by country and segment
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Key indicators
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- Premium Statistic Revenue of the digital payments industry in Malaysia 2019-2028
- Premium Statistic Transaction volume of digital payment methods in Malaysia 2019-2023, by segment
- Premium Statistic Penetration rate of digital payments in Malaysia 2019-2028
- Premium Statistic Number of users of digital payments in Malaysia 2019-2028
- Premium Statistic Transaction value per user of digital payments in Malaysia 2019-2028
Credit and debit cards
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- Premium Statistic Transaction value of credit cards in Malaysia 2019-2023
- Premium Statistic Transaction volume of credit cards in Malaysia 2019-2023
- Premium Statistic Credit cards transaction value per capita in Malaysia 2017-2022
- Premium Statistic Transaction value of debit cards in Malaysia 2019-2023
- Premium Statistic Transaction volume of debit cards in Malaysia 2019-2023
- Premium Statistic Debit card transaction value per capita in Malaysia 2017-2022
Internet banking
4
- Premium Statistic Value of internet banking transactions by private persons in Malaysia 2016-2023
- Premium Statistic Internet banking transaction value per capita in Malaysia 2017-2022
- Premium Statistic Value of mobile banking transactions in Malaysia 2016-2023
- Premium Statistic Mobile banking transaction value per capita in Malaysia 2017-2022
E-money and e-wallets
5
- Premium Statistic Value of electronic money transactions in Malaysia 2016-2023
- Premium Statistic E-money transaction value per capita in Malaysia 2017-2022
- Premium Statistic Number of mobile wallet users in Malaysia 2021-2022
- Premium Statistic Share of mobile wallets in e-commerce payments in Malaysia 2021-2027
- Premium Statistic Leading e-wallet usage in Malaysia 2023, by type
Other digital payments
4
Consumer behavior
5
- Premium Statistic Usage of cashless payment in Malaysia 2023, by type
- Premium Statistic Most common digital payment methods in Malaysia 2022
- Premium Statistic Frequency of e-wallets usage in Malaysia 2023
- Premium Statistic Recent e-wallets usage in Malaysia 2023, by brand
- Premium Statistic Average monthly e-wallet spending Malaysia Q4 2023
Further related statistics
9
- Percentage of payments with credit card in China 2013
- Per capita consumer spending in India 1974-2012
- Life insurance coverage sentiment in the U.S. 2016, by age
- Loyalty program ownership in U.S. restaurants as of November 2013, by restaurant type
- Consumers willingness to share personal data with retailers in the UK in 2013, by age
- Resources shoppers use most often to make purchase decisions in the UK 2013
- Where consumers shop for clothing and footwear in the United Kingdom (UK) 2013
- Channels consumers use for their main grocery shop in the United Kingdom (UK) 2013
- Coffee shops, tea shops and cafes: where consumers go in the United Kingdom (UK) 2013
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Statistics
- Percentage of payments with credit card in China 2013
- Per capita consumer spending in India 1974-2012
- Life insurance coverage sentiment in the U.S. 2016, by age
- Loyalty program ownership in U.S. restaurants as of November 2013, by restaurant type
- Consumers willingness to share personal data with retailers in the UK in 2013, by age
- Resources shoppers use most often to make purchase decisions in the UK 2013
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Ipsos. (January 10, 2024). Usage of cashless payment among consumers in Malaysia in 2023, by type [Graph]. In Statista. Retrieved June 10, 2024, from https://internal.statista.com/statistics/1367265/malaysia-cashless-payment-usage-by-type/
Ipsos. "Usage of cashless payment among consumers in Malaysia in 2023, by type." Chart. January 10, 2024. Statista. Accessed June 10, 2024. https://internal.statista.com/statistics/1367265/malaysia-cashless-payment-usage-by-type/
Ipsos. (2024). Usage of cashless payment among consumers in Malaysia in 2023, by type. Statista. Statista Inc.. Accessed: June 10, 2024. https://internal.statista.com/statistics/1367265/malaysia-cashless-payment-usage-by-type/
Ipsos. "Usage of Cashless Payment among Consumers in Malaysia in 2023, by Type." Statista, Statista Inc., 10 Jan 2024, https://internal.statista.com/statistics/1367265/malaysia-cashless-payment-usage-by-type/
Ipsos, Usage of cashless payment among consumers in Malaysia in 2023, by type Statista, https://internal.statista.com/statistics/1367265/malaysia-cashless-payment-usage-by-type/ (last visited June 10, 2024)
Usage of cashless payment among consumers in Malaysia in 2023, by type [Graph], Ipsos, January 10, 2024. [Online]. Available: https://internal.statista.com/statistics/1367265/malaysia-cashless-payment-usage-by-type/