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ASEAN Digital Payment Adoption Market Report 2020: Voice of the Customer - Focus on Thailand, Malaysia, Indonesia, the Philippines, and Singapore

Share this article Share this article ResearchAndMarkets.com s offering. The COVID-19 pandemic has profoundly impacted the lives of people around the world. Throughout 2020, local governments worked to restrict people s movement to contain the spread of the disease. Lockdowns greatly impacted the daily operations of several vertical industries and limited access to different types of goods and services. Moreover, as fear of the pandemic spread, people began to increasingly rely on digital channels to fulfill their needs and wants. This triggered a shift to the use of digital payments. A study (June 2020) discovered that 62% of consumers in the ASEAN region plan to increase use of online payment services after the pandemic subsides, while 60% of consumers plan to increase use of digital wallet (eWallet) services in a post-pandemic scenario.

ASEAN Digital Payment Adoption Market Report 2020 - ResearchAndMarkets com

Press release content from Business Wire. The AP news staff was not involved in its creation. ASEAN Digital Payment Adoption Market Report 2020 - ResearchAndMarkets.com February 4, 2021 GMT DUBLIN (BUSINESS WIRE) Feb 4, 2021 The COVID-19 pandemic has profoundly impacted the lives of people around the world. Throughout 2020, local governments worked to restrict people’s movement to contain the spread of the disease. Lockdowns greatly impacted the daily operations of several vertical industries and limited access to different types of goods and services. ADVERTISEMENT Moreover, as fear of the pandemic spread, people began to increasingly rely on digital channels to fulfill their needs and wants. This triggered a shift to the use of digital payments. A study (June 2020) discovered that 62% of consumers in the ASEAN region plan to increase use of online payment services after the pandemic subsides, while 60% of consumers plan to increase use of digital wallet (eWallet) services

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