Xendit Releases Southeast Asia E-commerce Payments Report
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AI-assisted source synthesis · not an independent investigation.
On October 15, 2026, Fintech News Singapore reported that Xendit and Cube released a report on the Southeast Asian e-commerce market. The report forecasts that the Southeast Asian e-commerce market will grow from $197 billion in 2025 to nearly $400 billion in 2031. The report states that the share of cash on delivery will continue to decline, but preferences for bank cards, e-wallets, account-to-account transfers, and local payment rails vary across markets. Merchants still face issues including payment method coverage, integration costs, and regulatory complexity. The report also expects Southeast Asia's first shopping payment completed by an AI agent on behalf of a consumer to occur in 2027; such transactions will require the agent to be verified and to enforce spending limits and merchant restrictions set by the consumer.
AI-written from reports · updated 4 days ago
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- Fintech News SingaporeXendit and Cube report: Southeast Asia’s e-commerce market to approach US$400B by 2031
A report released by Xendit and Cube forecasts that Southeast Asia’s e-commerce market will grow from US$197B in 2025 to nearly US$400B by 2031. The share of cash on delivery continues to decline, but preferences for bank cards, e-wallets, account-to-account transfers and local payment rails vary across markets, while merchants also face challenges related to payment method coverage, integration costs and regulatory complexity. The report expects Southeast Asia to see its first purchase payment made by an AI agent on behalf of a consumer in 2027; such transactions will require the agent to be verified and to enforce consumer-set spending limits and merchant restrictions.
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