Indonesia's credit card industry stagnates amid BNPL, e-money boom

Indonesia's credit card industry stagnates amid BNPL, e-money boom

Credit card photo by UnSplash

The rapid rise of pay-later and electronic money (e-money) services has had an unlikely fallout on Indonesia’s credit card industry, which has remained almost stagnant in the past few years. 

Edited by: Joymitra Rai