Evolution of Alternative Payments in Southeast Asia

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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