Payments Regulation in Asia

In collaboration with Amazon, CMSPI is pleased to present this paper on payments trends and regulations across four of the largest retail payments markets in the Asia Pacific region. Across Japan, India, Singapore, and Australia, merchant payments fees are rising or are cited as an issue due to the high costs of acceptance. Within each market, regulators have taken various approaches to the issue of rising card fees, and this report examines merchant-focused regulatory interventions in two ways: competition and controls within the card market and competition with the card market through investment in local competitor payment methods.