Explore 18 Deposit Providers from Asia & Australia
In several Asian regions, only about 10% of customers use credit cards. Debit cards are also less common than in Europe or North America. Instead, various e-wallets are gaining popularity, many of which are country-specific or tailored to particular languages.
An in-depth analysis by Damla Sat and Nick Maynard from Juniper Research in April 2022 reveals that Asian e-wallets are predicted to grow by 311% between 2020 and 2025 in countries like Thailand, Vietnam, Singapore, Indonesia, Malaysia, and the Philippines. AliPay is one of the prominent players mentioned in the report, while PayPal, which owns Zelle Pay, is also making rapid advancements in crypto-related deposits and transfers.
Juniper highlights that tech giants like Apple Pay, Google Pay, and Samsung Pay are gaining momentum in Asia. WeChat Pay, known for its innovative approach, is particularly significant in Chinese-speaking markets and has been a trailblazer for many other payment solutions globally.
According to the World Bank’s Global Financial Index, approximately 1.7 billion adults lack a bank account, but over 67% own a mobile phone, which could aid the growth of e-wallets. The most popular deposit methods to start with crypto in Asia include AliPay, Banxa, GoPay, Gcash, IMPS, LinePay, Megafon, Inovapay, Netbanking, Piastrix, PayID, Simplex, UnionPay, WeChat Pay, WebMoney, Yandex, UPI, and South Korea’s Kakao Pay.
Discover 23 European Deposit Methods for Crypto Platforms
In Europe, both debit cards and e-wallets are among the most commonly used deposit methods. Many young crypto enthusiasts enjoy Apple Pay’s NFC technology, which allows them to earn loyalty points.
While few European providers dominate all countries, some notable ones include Ayden and Ideal in the Netherlands, MB Way in Portugal, HiPay in France, PostePay in Italy, and Paysafe Card and Sofort in German-speaking countries. Other EU-wide payment methods include EU Teller, SEPA, and Skrill. In the UK, popular providers include BACS, Much Better, AstroPay, and Pay By Phone.
Coins Paid remains relatively small, while Estonian Payeer is growing rapidly. GiroPay is limited to German banks, while Dutch-based BTC Direct is gaining recognition worldwide. Paysera, Settle, EPS, InPay, FPS, and BeeLine are still small players in the crypto space, and surprisingly, Scandinavian payment providers are gaining traction.
Scandinavia is home to several significant deposit methods. The most widely used fast payment provider in the region is Swish, though it is not yet supported by most crypto exchanges. Currently, only two crypto platforms—Scandinavian Skilling and global site Paxful—support Swish.
Swish is a mobile app that links to your phone number. To make a transfer in Scandinavia, you simply need the recipient’s phone number.
Swedish Klarna is a great option for those who prefer to pay later, although it also offers a pay-now feature as well as a monthly payment option. Other common Scandinavian providers include Trustly and Zimpler.
Find 19 U.S. and Canadian Deposit Providers
Many well-known deposit providers are based in the United States, including American Express (AMEX), Apple Pay, and Google Pay. Of course, VISA and Mastercard are the most commonly used payment providers, while Diners Club may be considered a niche option, and Maestro is often used by those under 25. A favorite among crypto users is Moonpay, a leading gateway for crypto deposits.
Some unconventional payment methods in the U.S. include Amazon and Disney gift cards, while Monogram and Western Union are more traditional. Popular payment gateways in the U.S. and Canada include Boku, Diner Club, iWallet, Interac, Neteller, Square, and Zelle Pay.
Explore 6 Latin American Deposit Providers
Similar to Asia, Latin America has a smaller market for debit and credit cards. Some of the top deposit methods for crypto exchanges in the region include AirTM, Boleto, PayforFun, Pago Movil, and the super-fast Brazilian alternative, Pix.
