Southeast Asia has become a focus area for all parties in the digital payment industry. However, the market is quite fragmented, with competition and collaboration amongst e-wallet-based mobile payment operators, acquirers, and traditional card-based issuers, as well as settlement networks.
Read MoreThe financial uncertainty caused by the pandemic has taught consumers to be more cautious with their spending habits. Due to that, many fintech companies, particularly in Southeast Asia, seized the opportunity to implement buy now pay later (BNPL) solutions, replacing traditional financing options with more convenient, alternative payment methods.
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