Regulators make progress on epayments sluggish, and thereby give dominance to banks and telcos in Southeast Asia. But that’s all about to change.
epayments in indonesia
If you’re a foreigner thinking about setting up shop in Indonesia as an ecommerce business, here’s everything you need to know about the local landscape.
Currently, there are 17 epayment companies in Indonesia. Names like Veritrans, Coda, and 2c2p come to mind. Some people say competition is good for a tech start...
The regulatory revision also clarifies some details for epayment players, such as definitions, legal permissions, and responsibilities.