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Japan's Line Pay throws down gauntlet to Alipay

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 Insights

28-Jun-18 Japanese chat app operator Line unveiled a new service aimed at spreading mobile payment across Japan, in the most potent challenge yet by a Japanese operator to the dominant Chinese mobile payment platform, Alipay. [image: Keiichiro Sato / Nikkei Asian Review]

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In China - no-one has any money!

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 Insights

28-Jun-18 In China, everybody was still using cash. In 2016, China's mobile payments reached USD5.5 tn, roughly 50 times America's market. Mobile payments - mainly via WeChat - are now a default way of life. [image: Pulse LinkedIn]

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Asia rushes to a cashless society

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 Insights

22-Jun-18 E-payments are expanding across Asia at breakneck speed. Hong Kong, Singapore and predominantly China lead the way. Singapore’s education minister, Ong Ye Kung says already 80% of Singapore consumers use e-payments and nearly 60% merchants now accept e-payments. [image: finews.asia]

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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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