What is the current Indonesia Mobile Payments Market size?

The Indonesia Mobile Payments Market is projected to register a CAGR of 16.42% during the forecast period (2024-2029) Read More

Who are the key players in Indonesia Mobile Payments Market?

GoPay S.R.O., DANA, DOKU, LinkAja and Paytren are the major companies operating in the Indonesia Mobile Payments Market. Read More

What years does this Indonesia Mobile Payments Market cover?

The report covers the Indonesia Mobile Payments Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Indonesia Mobile Payments Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key challenges faced by the Mobile Payments Market in Indonesia?

Key challenges faced by the Indonesia Mobile Payments Market are a) Regulatory hurdles b) Cybersecurity concerns c) Need for financial literacy d) Trust among potential users Read More

Indonesia Mobile Payments Market Report | Industry Analysis, Size & Forecast Trends

Indonesia Mobile Payments Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report Includes Indonesia E-Wallet Market and is Segmented by Type (Proximity Payment, Remote Payment), and End-user Industry(BFSI, IT and Telecommunication, Retail, Healthcare, Government, Media and Entertainment, Transportation and Logistics). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

Indonesia Mobile Payments Industry Overview

November 2021 - GoPay, and Bank Jago, an Indonesia-listed technology-based bank, announced a new service integration that will enable the Indonesian public to open a Jago bank account directly from the Gojek application. This integration between an on-demand platform and a digital bank is the first of its kind in Indonesia and will provide convenient access to digital banking for the millions of unbanked and underbanked consumers in the country.
March 2022 - One of Indonesia's prominent conglomerates, Sinar Mas Group, invested USD 225 million in the e-wallet platform Dana. The energy and infrastructure-focused subsidiary of Sinar Mas, DSST Dana Gemilang, will invest USD 200 million in Dana, with the remaining USD 25 million coming from Bank Sinarmas. The partnership aims to have a beneficial influence on the DSST and other stakeholders' digital ecosystem growth.