IDEAS home Printed from https://ideas.repec.org/a/aza/jdb000/y2019v4i1p76-84.html
   My bibliography  Save this article

The digitalisation of payments in South-East Asia

Author

Listed:
  • Shea, Molly

Abstract

This paper explores the current payments landscape in South-East Asia, major trends in the region’s burgeoning e-commerce and Internet economy, digital inclusion paving the way for full financial inclusion, and discusses how financial institutions can do more for their digital consumers. It highlights how the growth in mobile ownership and Internet penetration has led to rising competition between financial institutions, non-banks and FinTechs to maintain their competitive edge. The paper also explores the non-homogeneous developments across both mature and emerging economies and underscores the various drivers behind the acceptance of mobile and digital payments. The promising levels of digital inclusion could be a major game changer in fighting for financial inclusion and reaching out to the unbanked and underbanked masses of in South-East Asia. It stresses that digitalisation of payments is a necessary disruption, but financial institutions need to continue to keep customers’ needs at the centre of this digital revolution.

Suggested Citation

  • Shea, Molly, 2019. "The digitalisation of payments in South-East Asia," Journal of Digital Banking, Henry Stewart Publications, vol. 4(1), pages 76-84, June.
    • Handle: RePEc:aza:jdb000:y:2019:v:4:i:1:p:76-84
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/2676/download/
    Download Restriction: Requires a paid subscription for full access.
    File URL: https://hstalks.com/article/2676/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    mobile payments; South-East Asia; digital economy; financial inclusion;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:jdb000:y:2019:v:4:i:1:p:76-84. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.