Market Research Reports - Ken Research Indonesia Bill Payment Market Research | страница 2

Negara, UOB Indonesia, and Bank Mandiri adopted Visa payWave technology for their
consumers card payments. Indonesia’s central bank is Bank Indonesia that provides security of
payment systems to build customer confidence in payment cards. It has also made it a
mandated to adopt six-digit PINs for debit and ATM cards, instead of four-digit PINs.
Indonesia’s demographic and economic development over the recent years has exhibited a
potential rapid shift from cash based payments to alternative payments and also through
mobile payments. Indonesians are price conscious and are easily attracted by any promotions
and discounted products. Promotions and discounts are used as marketing tools to promote
credit cards. The increasing consumers spending limit is a major factor affecting the payment
options. The overall card payment adoption rate is promising in Indonesia and mobile payment
systems has become the most widely available option with the launch of Go-Pay, T-Cash, and
the e-wallet services. The future of cards and payments industry in Indonesia is very healthy
and will continue growing because many consumers are utilizing financial cards as their
payment options. Also the cards and payment industry infrastructures are developed
throughout Indonesia and new regulations are encouraging the cashless payment options.
Key Topics Covered in the Report:
Indonesia Bill Payment Market Research
Indonesia Money Remittance Industry
Alternative Payment Methods in Indonesia
Indonesia Cards and Payments Industry Trends
Consumer Payment Industry Indonesia
Indonesia Credit Card Industry Analysis
Indonesia Plastic Money Market
Indonesia Credit Cards Market Research
Indonesia Cards and Payments Market Research Report
M-Commerce Market Indonesia
Ecommerce Payment Industry Indonesia
Indonesia Payment Industry
Wallet Payment Market Indonesia