Fintech: Malaysians lead the world in mobile wallet usage

Malaysian consumers are leading the charge in embracing alternative payment methods and cutting-edge technologies, according to the latest findings from Adyen, a global financial technology platform for businesses. 63 per cent of Malaysians utilise mobile wallets for transactions, boasting the highest adoption rate globally based on a survey, the Adyen Index 2024 of over 38,000 shoppers and 13,000 merchants across 26 markets.Their Country Manager, Soon Yean Lee unveils these insights.