The Asia-Pacific (APAC) region is at the forefront of a payments transformation. Mobile payments, digital wallets, QR codes, and smart terminals are reshaping payment methods and commercial experiences. The APAC payments market is projected to reach USD 15.79 trillion in 2025 and USD 29.50 trillion by 2030, with a CAGR of 13.3%. Digital wallets already account for around 65.8% of the market.（Source: Mordor Intelligence）
Evolving Payment Models
Traditional card and cash payments are declining, while “light terminals + digital wallets + QR codes” are rising. In Southeast Asia and India, mobile wallets and QR codes are becoming the preferred choice for consumers and merchants. New scenarios—unmanned retail, self-service kiosks, and EV charging stations—are driving innovation in payment devices.
Regional Insights
APAC markets vary widely. Mature markets like Japan and Australia have advanced infrastructure, while emerging markets such as Indonesia, Vietnam, and the Philippines offer rapid growth and innovation potential. APAC e-commerce is projected to reach USD 5 trillion by 2028.（Source: Business Telegraph）
Collaboration and Ecosystem Leadership
The boundaries between device makers, acquirers, operators, and networks are blurring. Leading providers integrate hardware, software, services, and data insights. Newland NPT delivers integrated “terminal + services ” solutions, enabling scenario-driven innovation and partner collaboration.
Digital wallets, QR codes, self-service devices, cross-scenario terminals, and data-driven operations are shaping the future of payments. Device and technology providers are no longer just hardware suppliers—they are key drivers of ecosystem transformation.
As highlighted at our APAC Partner Conference, Newland NPT collaborates with regional partners to explore multi-scenario solutions, interoperability, and ecosystem innovation. Together, we are driving the payments market toward a more connected, secure, and intelligent future—ushering in the next era of payments in APAC.
Meet Us at Singapore FinTech Festival 2025!
Next week at the Singapore FinTech Festival—📅 November 12–14—you can meet Newland NPT at Booth 📍3C31. Come and experience our latest products, innovations, and solutions up close, and discover how we're redefining the future of payments across APAC.
