BASINGSTOKE, England, Aug 21 (Bernama-BUSINESS WIRE) — A new study from Juniper Research, the foremost experts in emerging payment markets, has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.
High growth in Southeast Asia and other developing markets is largely down to financial inclusivity that QR payments offer; enabling unbanked users to access digital payments. Conversely, Western markets have seen very limited adoption; highlighting the global divide in QR payment markets.