TheJakartaPost
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As much as 82.7 percent of Indonesians are aware of e-wallet platforms, while 62.4 percent are aware of digital investment and 56.7 percent are aware of pay-later services, according to the study, which involved 1,500 respondents nationwide.
Indonesia is among the top drivers of e-money growth in Southeast Asia alongside neighboring Malaysia, Singapore, the Philippines and Thailand, according to an inaugural report commissioned by Standard and Poor’s (S&P) Global Market Intelligence.
In the survey published on Monday and conducted between June and July, 18.5% of households said they use electronic money, such as smartphone apps and debit card payments, on shopping trips where 1,000 yen ($9.17) or less is spent, up from 15.4 percent in the previous year.
Every few meters along a shopping street near the iconic Tokyo Skytree tower, signs with the words "PayPay used here" can be seen promoting the availability of an electronic payment option, something that remains a relative rarity in Japan.
