Covid-19 accelerates South-East Asia's transition towards a cashless society, says study


Image from Vietnam News/ANN

HANOI/BANGKOK, June 3 (Bernama): The Covid-19 pandemic has accelerated Southeast Asia’s transition towards a cashless society, while eCommerce continues to grow as consumers explore new shopping channels during the pandemic, according to the latest Visa Consumer Payment Attitudes Study.

The report also stated 93 per cent of consumers use a multitude of cashless payment methods including cards, contactless cards and mobile contactless, mobile wallets and QR code payments in the region.

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