business
Cashback Trends in Malaysia: 2026‑2030 Forecast
April 27, 2026
The Malaysian cashback scene is set to grow fast. Experts predict the market will hit about US$1. 48 billion in 2026 and climb to roughly US$2. 29 billion by 2030, with an annual growth rate of around 11‑12%. This follows a strong rise from 2021 to 2025, when the sector expanded at more than 15% per