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Digital payments at forefront of S-E Asia's booming Internet economy

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Published Thu, Oct 3, 2019 · 09:50 PM

    Singapore

    THE digital payments market in South-east Asia has hit an inflexion point, and growth in this segment is likely to propel the region's Internet economy to a US$300 billion market by 2025.

    This is according to the annual e-Conomy report by Google, Temasek Holdings and Bain & Company released on Thursday, which showed a US$100 billion bump in its US$200 billion projection made in 2016.

    Singapore digital banks

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