Southeast Asia Digital Transition Driving Growth Even in Face of Pandemic Slowdown


Source: globalfintechseries.com globalfintechseries.com

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Digital Payments Infrastructure Pioneer Xendit Sees Payment Value Soar 10 Percent Each Month in 2021 As More of Region’s Businesses Transition to Digital Financial Future Xendit, the fastest growing digital payments infrastructure for Southeast Asia, announced it is experiencing a surge in digital transactions, providing evidence that the region’s emphasis on building out a more digital infrastructure is rapidly gaining traction. “We’ve also found that e-Wallets transactions contributed to 16% of the number of transactions that Xendit processed in 2021.” “In the first few months of 2021 we’ve experienced a 146% increase in total payment value across Indonesia and the...