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With 48 countries and over 2,300 languages spoken, Asia is as culturally diverse as it is geographically vast – home to roughly 60% of the global population. Within its borders, you’ll find three of the world’s five largest economies – China, Japan, and India – alongside some of its least economically developed nations. It’s therefore of little surprise that such diversity is mirrored in Asia’s payment landscape, where some of the world’s most advanced digital payment methods are thriving alongside a deep-rooted reliance on cash.
By Giesecke+DevrientWith 48 countries and over 2,300 languages spoken, Asia is as culturally diverse as it is geographically vast – home to roughly 60% of the global population. Within its borders, you’ll find three of the world’s five largest economies – China, Japan, and India – alongside some of its least economically developed nations. It’s therefore of little surprise that such diversity is mirrored in Asia’s payment landscape, where some of the world’s most advanced digital payment methods are thriving alongside a deep-rooted reliance on cash.