E-money

Will banks lose out in Indonesia?

Standard and Poor’s (S&P) Global Market Intelligence recently commissioned an inaugural report on the growth of e-money in Southeast Asia. The report, titled “The 2019 Southeast Asia E-Money Market”, involved five ASEAN countries (Indonesia, Malaysia, Singapore, the Philippines and Thailand) – also known as the ASEAN-5 - and found that the number of e-money transactions in the region increased by more than 31 percent in 2018, with Indonesia and the Philippines showing the gre

24 November 2019
0