Debit cards dominate. Open Banking solutions are emerging rapidly and there are significant Alternative Payment methods. UK is an early adopter of all-things-eCom.
A population of 1.4 billion means India is ultra attractive. Card penetration is relatively low and Online Bank Transfers dominate. Cash is still very relevant.
High Bank Account penetration so cards and online banking services are required.
Bank Account penetration is lower and a multitude of local methods prevail. Cash is still significant.
A population of 1.4 Billion means China is ultra attractive. Independent cards and Bank cards prevail, while Wallets continue to grow.
South East Asia is certainly an emerging market, solutions are diverse and expanding.