Market Research Report
Top Mobile Payment Service Providers in Indonesia 2020 and their Reaction to the COVID-19 Crisis
|Published by||yStats.com GmbH & Co. KG||Product code||971187|
|Published||Content info||39 Pages
Delivery time: 1-2 business days
|Top Mobile Payment Service Providers in Indonesia 2020 and their Reaction to the COVID-19 Crisis|
|Published: November 3, 2020||Content info: 39 Pages||
"The spread of the COVID-19 virus has accelerated the use of digital payments in Indonesia."
Consumers in Indonesia have increased the use of online shopping and digital or contactless payments during the COVID-19 crisis. The use of E-Wallets is particularly a growing means of payment in the country. As reported by yStats.com, a significant percentage of users preferred making payments via E-Wallets in Indonesia. This trend is further expected to strengthen as consumers in Indonesia are planning to continue using E-Commerce even after the pandemic ends.
The yStats.com report provides details on the three most used payment service providers in Indonesia, GoPay, OVO and Dana. The report also highlights the rising number of user registrations received by GoPay even before the outbreak of the pandemic. Furthermore, the yStats.com study reviews the payment innovations introduced by these Indonesian companies during the COVID-19 outbreak such as efforts to contain fraud, and their partnerships with banks, merchants and foreign payment service providers.
OVO Ltd, GoPay LLC, Dana Wallet Indonesia, LinkAja, Tencent Holdings Ltd.