In 2022, the per capita value of mobile banking transactions in Malaysia reached around 19,000 Malaysian ringgit, an increase from about 16,100 Malaysian ringgit in the previous year. Mobile banking transactions in the country have been increasing in the past five years.
Per capita transaction value of mobile banking in Malaysia from 2017 to 2023
(in 1,000 Malaysian ringgit)
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Per capita transaction value of mobile banking in Malaysia from 2017 to 2023
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Mobile banking refers to banking service that enables payments or funds transfer via mobile devices (e.g., phones, tablets, wearables), excluding non-financial transactions, payment card transactions, and interbank transfers (IBG, Instant Transfer, DuitNow, RENTAS) performed online
1 Malaysian ringgit is equal to 0.23 U.S. dollars and 0.22 euros as of February 2025.
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Bank Negara Malaysia. (February 5, 2025). Per capita transaction value of mobile banking in Malaysia from 2017 to 2023 (in 1,000 Malaysian ringgit) [Graph]. In Statista. Retrieved May 10, 2025, from https://www.statista.com/statistics/1367979/malaysia-mobile-banking-transaction-value-per-capita/
Bank Negara Malaysia. "Per capita transaction value of mobile banking in Malaysia from 2017 to 2023 (in 1,000 Malaysian ringgit)." Chart. February 5, 2025. Statista. Accessed May 10, 2025. https://www.statista.com/statistics/1367979/malaysia-mobile-banking-transaction-value-per-capita/
Bank Negara Malaysia. (2025). Per capita transaction value of mobile banking in Malaysia from 2017 to 2023 (in 1,000 Malaysian ringgit). Statista. Statista Inc.. Accessed: May 10, 2025. https://www.statista.com/statistics/1367979/malaysia-mobile-banking-transaction-value-per-capita/
Bank Negara Malaysia. "Per Capita Transaction Value of Mobile Banking in Malaysia from 2017 to 2023 (in 1,000 Malaysian Ringgit)." Statista, Statista Inc., 5 Feb 2025, https://www.statista.com/statistics/1367979/malaysia-mobile-banking-transaction-value-per-capita/
Bank Negara Malaysia, Per capita transaction value of mobile banking in Malaysia from 2017 to 2023 (in 1,000 Malaysian ringgit) Statista, https://www.statista.com/statistics/1367979/malaysia-mobile-banking-transaction-value-per-capita/ (last visited May 10, 2025)
Per capita transaction value of mobile banking in Malaysia from 2017 to 2023 (in 1,000 Malaysian ringgit) [Graph], Bank Negara Malaysia, February 5, 2025. [Online]. Available: https://www.statista.com/statistics/1367979/malaysia-mobile-banking-transaction-value-per-capita/
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