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MarketPublishers: Indonesia Digital Money Market Analyzed by Shift Thought [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) In 2007, the first mobile money scheme, known as T-Cash, was launched in Indonesia by the domestic mobile network operator (MNO), Telkomsel. According to a release, in 2008, the recoded number of digital money users reached 9.4 million, representing 8 percent growth y-o- y. In 2011, three country's MNOs (Telkomsel, Exelcom and Indosat) received licenses from Bank Indonesia as digital money issuers and providers. At present, Indonesia passes period of financial services transformation. The country's digital money industry growth is primarily spurred by increasing mobile phones penetration. The Indonesian regulations in the sphere are focused on the improvement of payment systems and promotion of financial inclusion. New viewport "Digital Money in Indonesia 2013" worked out Shift Thought presents insightful analysis of the Indonesian digital money market. It also contains brief overview of the global and Asian- Pacific digital money markets. The viewport highlights the current state of the industry; scrutinizes major forces driving and limiting the market; describes the digital money dashboard, timeline and business models in the country; characterizes the digital money adoption trends prevailing in Indonesia. It presents an assessment of the digital money market by purpose; reviews the payments infrastructure and access; delves into the key market segments; covers the regulatory environment; discloses data on the top digital money initiatives. In addition, the viewport offers profiles of leading companies. More information: http://marketpublishers.com/report/finance_services/payment/ digital-money-in-indonesia-2013.html http://marketpublishers.com/members/shift_thought/info.html ((Comments on this story may be sent to [email protected])) (c) 2013 ProQuest Information and Learning Company; All Rights Reserved. |