eMoney payments set to double by 2025


S&P Global Market Intelligence expects eMoney payment revenues in four countries – Indonesia, Thailand, Malaysia and Singapore – to reach US$905mil (RM4.03bil) in 2025 from US$544mil (RM2.42bil) last year.

PETALING JAYA: The aggregate electronic money (eMoney) payments are expected to double by 2025 in South-East Asia but it may not be sufficient to sustain the provider’s ambitious growth plans.

S&P Global Market Intelligence expects eMoney payment revenues in four countries – Indonesia, Thailand, Malaysia and Singapore – to reach US$905mil (RM4.03bil) in 2025 from US$544mil (RM2.42bil) last year.

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