A Cashless Future For Myanmar theaseanpost.com

ASEAN citizens are not unfamiliar with digital payments.

In a survey by Visa, around 64 percent of consumers in Southeast Asia are confident of going cashless for a full day, highlighting the region?s strong drive towards digital payments. Moreover, the 2019 World Payments Report shows that the value of non-cash transactions in Asia is projected to grow from US$96.2 billion in 2017 to US$352.8 billion by 2022, a meteoric rise of over 266 percent.