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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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Jack Ma's Ant is said to snag Carlyle for USD10 bn round

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 Insights

11-May-18 Ant Financial, the Chinese payments giant controlled by Jack Ma, is expected to close a fundraising of at least USD10 bn, attracting Carlyle Group and the Canada Pension Plan Investment Board as first-time investors. [image: Bloomberg News]

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Peru's mobile wallet that other nations copy

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 Insights

07-May-18 Many countries want to emulate Peru’s BIM e-wallet, Latin America’s first national mobile money scheme. But a challenge for governments in emerging countries is persuading consumers and small businesses to move from using informal cash to electronic payments. [image: Bloomberg News / PaymentsSource]

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Singtel and Razer to create e-payment network in Southeast Asia

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 Insights

04-May-18 Singtel Group and gaming technology company Razer have signed a MoU to foster collaboration in e-payments, e-sports, gaming-related digital media and telecommunication, offering Singtel's mobile wallet users access to Razer's merchant network of over 1 mn payment points. [image: Open Gov]

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