Online banking is increasing all over Asia and has already surpassed branch banking in 2012. Some countries such as China are much ahead where already 60% of total transactions are registered online. Whereas, some countries such as Indonesia, Vietnam, and Philippines are behind.
In Indonesia of the 55 million Internet users, about 25% of the population, only 7% of these internet users actually do online banking, which indicates online banking is still relatively underdeveloped in Indonesia. Enhancements in the mobile online banking platforms including better security and ease of use, may help the industry attract more users and increase market penetration.
(Source: Finextra)
In Indonesia of the 55 million Internet users, about 25% of the population, only 7% of these internet users actually do online banking, which indicates online banking is still relatively underdeveloped in Indonesia. Enhancements in the mobile online banking platforms including better security and ease of use, may help the industry attract more users and increase market penetration.
(Source: Finextra)
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