Governments are the Payments Innovators
The most significant change to the payments industry are the new e-payments frameworks now being developed and launched by Asian regulators and their national payments organisations to support real-time mobile payments for P2M and P2P applications, in addition to card-based payments.
Bringing Digital Payments to Everyone
Government initiatives are accelerating the acceptance and usage of electronic payments into new segments, applications and use cases currently dominated by cash. They are also driving financial inclusion for unbanked and underbanked citizens and driving down the costs of e-payments.
Session 1 of Digital Commerce Asia Pacific focuses on these government initiatives: