What Do E-Wallet Consumer Trends Look Like in Southeast Asia?by@mashabeetroot
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What Do E-Wallet Consumer Trends Look Like in Southeast Asia?

by Masha Beetroot3mDecember 7th, 2020
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E-wallet transaction volumes have significantly increased since early 2020. 310 million Southeast Asian consumers are expected to go digital by 2020, representing nearly 70% of the region's population. Digital wallets have become the third most popular payment method, only 1% behind credit and debit cards in a region that predominantly relies on cash. Smartphone usage is on the rise in Southeast Asia, with smartphone sales accounted for $23 billion in the region, surging by 4% despite the decline in global demand. Businesses should embrace e-wallet solutions to avoid missing out on a significant opportunity for growth.

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Mind Minder with roots in Fintech and Web3

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Masha Beetroot@mashabeetroot
Mind Minder with roots in Fintech and Web3

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