Evolution of Alternative Payments in Southeast Asia

MRC Singapore 2023
2C2P, Amazon
Oct 23, 2023

Even as recently as a decade ago, the idea of living in Southeast Asia without, at the very least, some "emergency cash" would have been unthinkable.

Credit and debit cards have been a mainstay in developed countries; that is not the case with emerging markets like Southeast Asia, where there is a large unbanked population and a lack of credit scoring processes and credit bureau coverage.

How did Southeast Asia work around this challenge to participate in the digital economy?

Learning Objectives:

  • Why was there a need for alternative payments in Southeast Asia?
  • How did alternative payments encourage digital payment adoption and financial inclusion in the region
  • How have alternative payment trends shifted in the last decade
  • What's next for alternative payments

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