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EP752: Digital transformation in payments for SMEs in Southeast Asia
Episode 752
Published 1 year, 6 months ago
Description
Christopher Yu, President & CFO, KPay
Some 78% of SME merchants surveyed in Southeast Asia are seeking a single integrated payment solution but for more than 70% reality is currently cash-only. This disconnect represents a huge potential market. Closing the gap for underbanked and underserved Southeast Asian is key to unlocking the potential of the region’s digital economy. Reliance on cash transactions is not sustainable. Robin Amlôt of IBS Intelligence speaks to Christopher Yu, President and CFO of Hong Kong-based KPay, which offers solutions from payment to operations management and financing.