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Jakarta Post
The Jakarta Post
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Cashless: Can Indonesia go Swish?

  • Vishal Bhargava
    Vishal Bhargava

    Assistant vice president, business strategy at Cogencis Information Services, Ltd.

Mumbai | Fri, August 11, 2017 | 10:14 am
Cashless: Can Indonesia go Swish? It is in the interest of banks to push people to transact more over internet. (Shutterstock/File)

PREMIUM Swedish people do not like to use cash. Credit and debit cards are preferred. When not using the card, a mobile app Swish built by its banks which allows customers to transfer money to each other via a phone number is employed. 

Things have reached such a point that many shops refuse to accept cash and churches accept donations through card. Bank branches are visited scarcely. ...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.