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Alternative payment providers position for growth in Indonesia

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 Insights

25-May-18 The prospect of tens of millions of digital payment customers in Indonesia is too much for digital companies and investors to ignore. The likes of SoftBank, Ant Financial, and Didi-Chuxing are injecting billions of dollars to gain a foothold. [image: Global Growth Markets]

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Alternative payment providers position for growth in Indonesia

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 Articles

When it comes to growth opportunities for digital payments, Indonesia is in a league of its own. The prospect of tens of millions of new digital payment customers is too much for digital companies and investors to ignore. Looking at the numbers, it comes down to a combination of three factors telling payment companies that the timing is right, right now, to move into Indonesia: E-commerce growth; the size of the prize; familiarity with everything online.

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Battle for Japan's cashless spenders heats up

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 Insights

08-May-18 Japanese banks hope that integrating mobile payments like Alipay and Apple Pay with other cashless methods will help them regain ground in the market and promote such options in a country where cash is still king. [image: Manami Yamada]

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Gulf Capital acquires fintech firm Saudi Geidea

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 Insights

07-May-18 Gulf Capital has acquired a strategic stake in fintech firm Saudi Geidea to boost its presence in the payment and digital financial transactions sector in the GCC. The total value of the transaction is AED978 mn (USD266 mn). [image: Geidea]

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Singapore aims small to make it big in cashless drive

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 Insights

01-May-18 To accelerate its cashless initiatives, Singapore is focusing on driving its efforts towards SMEs who make up 99% of the businesses in Singapore. However, cash payments make up nearly 60% of transactions. [image: Shutterstock / Techwire Asia]

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