- The early adoption of mobile payments in Indonesia compares favorably with the take-up of earlier cashless payment systems, suggesting consumer enthusiasm.
- A supportive regulatory environment has spurred open competition and the use of different technologies.
- The adoption of QR codes will boost access to financial services in 2018.
Billed as the fastest growing mobile-commerce market in the world, Indonesia is poised to benefit from an explosion in mobile payment use next year. There are three main factors behind the coming surge.