TheJakartaPost
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With a digital penetration rate of approximately 80 percent in Southeast Asia, countries in the region have prioritized digital transformation when it comes to national development. The ASEAN region is a potential market for digital payment innovation, in particular the increase use of the QR (Quick Response) payments since it was first introduced in each country.
Payment ID is set to become a truly groundbreaking trailblazer in Indonesia's financial digital transformation, so long as its transparency and accountability is adequately and comprehensively supported via governance as well as the necessary technical and social infrastructure.
To overcome operational inefficiencies and data security risks, renowned building materials company Solusi Bangun Beton partnered with Standard Chartered to implement a digital payments platform that streamlines transactions and improves customer experience.
