SINGAPORE came in fifth out of six South-east Asian countries for growth in mobile payments use, while Vietnam tops the table both regionally and globally, according to PwC's Global Consumer Insights Survey 2019. Read more at The Business Times.
SINGAPORE came in fifth out of six South-east Asian countries for growth in mobile payments use, while Vietnam tops the table both regionally and globally, according to PwC's Global Consumer Insights Survey 2019.
"Since the government began driving the way for digital payments in late 2017, this signifies a payoff in the efforts by the government and other mobile payments players," said PwC. “This contrasts with Singapore that also shows strong gains. However, the sophisticated and established traditional ecosystem, as well as abundant and potentially confusing number of choices in mobile payments can also slow down adoption," he added.
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