Malaysians lost an estimated 12.8 billion USD to scams over the past year, representing 3% of the country’s gross domestic product, according to trust tech company Gogolook.
The average annual growth in the number of transactions via QR code has reached 471.13% since the payment method's introduction in 2018, 77.41% of the Vietnamese adult population possess payment accounts with commercial banks reporting over 90% of all transactions conducted through digital channels, with some banks achieving a rate of up to 98%, according to the State Bank of Vietnam (SBV).