eMoney payments set to double by 2025


S&P Global Market Intelligence expects eMoney payment revenues in four countries – Indonesia, Thailand, Malaysia and Singapore – to reach US$905mil (RM4.03bil) in 2025 from US$544mil (RM2.42bil) last year.

PETALING JAYA: The aggregate electronic money (eMoney) payments are expected to double by 2025 in South-East Asia but it may not be sufficient to sustain the provider’s ambitious growth plans.

S&P Global Market Intelligence expects eMoney payment revenues in four countries – Indonesia, Thailand, Malaysia and Singapore – to reach US$905mil (RM4.03bil) in 2025 from US$544mil (RM2.42bil) last year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Touch ‘n Go , e-Wallet , money , grow , Group , TnG , RFID ,

Next In Business News

Fahmi: Malaysia's economy remains strong, continues to be the focus of foreign investors
Carimin acquires 19.5% stake in Sealink International for RM40mil
TNB terminates renewable energy PPA with Reneuco
Sunway to proceed with RM11bil takeover of IJM
KIP-REIT expects higher footfall across its malls
Oxford Innotech wins RM4.8mil data centre job
Suria Capital appoints Abd Rahman Dahlan as chairman
Ringgit closes higher amid US-EU tariff concerns, easing Japanese government bonds
Shin Yang secures RM117.7mil vessel deal
UOA REIT reports threefold profit increase in 4Q25

Others Also Read