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Learn moreNov 2020
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The Indonesian population became increasingly familiar with the convenience and efficiency of using debit cards during the review period. Furthermore, the implementation of the first phase of the National Payment Gateway (GPN), the new national payment network, also increased the number of debit cards in circulation.
The process of transferring bank debit cards and ATM cards into chip-based cards was negatively impacted by COVID-19 in 2020, with the issuing of these new cards slowing. The Large-Scale Social Restrictions Policy (PSBB) imposed by the government to reduce the spread of the virus has disrupted customer activities, with it making it harder to visit a bank’s branch office.
E-commerce is one of the few areas that is expected to benefit from COVID-19, with the lockdown and PSBB forcing consumers to remain at home, except when shopping for essential items. The percentage of households with access to the internet rose from 29% in 2014 to 68% in 2019, with rising smartphone penetration supporting this dynamic performance.
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Discover the latest market trends and uncover sources of future market growth for the Debit Transactions industry in Indonesia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Debit Transactions industry in Indonesia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Debit Transactions in Indonesia market research report includes:
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Euromonitor’s industry reports, including Debit Transactions in Indonesia, originate from our database within our Consumer Finance market share and market size database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.