Thailand, Japan and Vietnam lag in Asia's digital payments rush

Cash remains vital in many nations despite declining usage across region: report

20230412 digital payment beijing

A Beijing meat stall accepts cashless payments through the use of QR codes. China was the least cash-dependent country in Asia in 2022. © Reuters

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- Thailand, Japan and Vietnam were the top three Asian countries lagging in the adoption of cashless payments, even as the region overall leads in the global push toward digital pay, an industry report released on Wednesday showed.

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