PRNewswire
Singapore, September 16: Visa (NYSE: V), a world chief in digital funds, at this time launched the Asia Pacific findings from its Money Travels: 2026 Digital Remittances Adoption Report, revealing continued progress in digital cross-border cash motion throughout the area. The findings present that remittances proceed to play an necessary position in serving to shoppers help relations, handle on a regular basis bills and navigate monetary emergencies, whereas belief, safety and transparency have gotten simply as necessary as pace and comfort in shaping fee experiences.
The research, which surveyed greater than greater than 45,000 remittance senders and receivers throughout 20 markets, together with Australia, Mainland China, India, Japan, the Philippines and Singapore, discovered rising adoption of digital cross-border funds alongside rising expectations for trusted fee experiences. For the primary time, this yr’s research additionally included a devoted module inspecting client consciousness, perceptions and adoption intent in the direction of stablecoins, discovering that schooling and confidence can be key to broader adoption amid rising issues round scams, fraud and AI-enabled threats.Â
‘Cross-border cash motion is prime to how folks, companies and economies join throughout Asia Pacific,’ mentioned Chavi Jafa, Senior Vice President, Head of Commercial and Money Movement Solutions, Asia Pacific, Visa. ‘Financial establishments have a possibility to make cross-border funds a extra built-in and invaluable a part of the general buyer expertise as client expectations proceed to evolve, with prospects more and more searching for options that mix pace, safety, comfort and suppleness. Building belief via schooling, transparency and safety can be important to the following part of adoption.’Â
Key findings for Asia Pacific
Cross-Border Payments Remain Essential Across Asia Pacific
– Remittance exercise varies considerably throughout the area, with the Philippines (45%) and Australia (35%) reporting the very best proportions of shoppers sending cash overseas, in contrast with Japan (8%). Receiving charges are additionally highest within the Philippines (45%) and lowest in Japan (5%).
– Cross-border funds proceed to help on a regular basis monetary wants, from family bills to emergency funding and household help. Paying family payments is a key cause for receiving remittances within the Philippines (47%) and India (34%), whereas monetary emergencies are a number one use case within the Philippines (42%) and India (33%).
– Supporting family members can come at a private value, with shoppers in India (23%) and Mainland China (21%) delaying invoice funds, whereas these in India (20%) and Mainland China (17%) in the reduction of on necessities to supply monetary help overseas.Consumer Expectations Continue to Shift Toward Digital Experiences
– Mobile banking apps stay the popular technique to ship cash internationally throughout Asia Pacific, with utilization starting from 33% to 60% throughout markets.
– Mobile pockets adoption is especially robust in India (36%), the Philippines (28%) and Mainland China (27%), highlighting rising client choice for digital-first cash motion experiences.
– Digital adoption continues to range throughout markets, with Japan (32%) remaining the regional outlier, the place practically one-third of shoppers nonetheless choose making worldwide transfers via bodily financial institution branches.
Security and Fraud Concerns Are Shaping Consumer Behaviour
– Exposure to remittance scams is highest in India (40%) and the Philippines (29%), in contrast with China (19%) and Japan (11%).
– Concern about AI-enabled fraud is especially pronounced within the Philippines (62%) and India (53%), the place shoppers fear that deepfakes could possibly be used to impersonate relations or facilitate monetary scams.
– Consumers more and more prioritise safety over pace, with Japan (68%), Singapore (57%) and Australia (57%) keen to just accept a 24-hour switch delay in trade for stronger AI-powered fraud safety.
Consumers Are Open to Emerging Payment Innovations, however Education Remains Critical
– Awareness and belief range broadly throughout the area. Consumer curiosity in stablecoins will increase considerably when respondents higher perceive that stablecoins are designed to take care of their worth and should supply extra advantages.
– Misconceptions stay widespread throughout Asia Pacific, with roughly half of shoppers believing stablecoins are as dangerous as or riskier than cryptocurrencies regardless of being designed to take care of a secure worth.
‘The findings underscore how various fee behaviours, preferences and ranges of digital adoption proceed to speed up throughout Asia Pacific,’ mentioned Rhidoi Krishnakumar, Vice President, Head of Visa Direct, Asia Pacific, Visa. ‘For banks, remitters and fintechs, the chance lies in delivering seamless cross-border experiences whereas managing rising complexity on behalf of purchasers. Through Visa Direct, we work with companions throughout the area to assist simplify this complexity and allow cash motion experiences which might be extra seamless, scalable and domestically related to how shoppers and companies transfer cash at this time.’
The findings spotlight how cross-border cash motion continues to evolve throughout Asia Pacific, formed by rising digital adoption, altering client expectations, rising fee improvements and rising calls for for safety and belief. For banks, remitters and fintechs, understanding how these tendencies are reshaping client behaviour can be more and more necessary in delivering related, trusted and future-ready cash motion experiences.
To be taught extra in regards to the tendencies shaping cross-border cash motion throughout Asia Pacific, discover the Money Travels 2026 findings right here.
Note on Methodology
Findings are primarily based on self-reported client survey responses. Respondents acquired definitions of key phrases, together with stablecoins, earlier than answering. Survey situations involving ‘bank-equivalent protections’ or comparable ideas are hypothetical. Stablecoins aren’t presently lined by deposit insurance coverage (e.g., FDIC, CDIC). Findings mirror client consciousness, attitudes, and said intent solely – not commentary on authorized standing or operational availability. This report is for informational functions solely and doesn’t represent monetary or authorized recommendation.
About the Study
Money Travels 2026 was carried out by Morning Consult on behalf of Visa between 24 February and a couple of March 2026. The findings kind a part of Visa’s world Money Travels 2026 research, which surveyed greater than 45,000 remittance senders and receivers throughout 20 markets to look at remittance behaviours, attitudes and rising tendencies in cross-border cash motion. The Asia Pacific findings cowl Australia, Mainland China, India, Japan, the Philippines and Singapore.
About Visa
Visa (NYSE: V) is a world chief in digital funds, facilitating transactions between shoppers, sellers, monetary establishments and authorities entities throughout greater than 200 nations and territories. Our mission is to attach the world via probably the most modern, handy, dependable and safe funds community, enabling people, companies and economies to thrive. We consider that economies that embrace everybody in every single place, uplift everybody in every single place and see entry as foundational to the way forward for cash motion. Learn extra at Visa.com.
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