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Story perspectives

Indonesia and Thailand's Digital Wallets Surge Towards $26.58B

6/23/2025

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Summary

Story summary

Indonesia's prepaid card and digital wallet market is set to grow nearly 10%, reaching $7.94 billion by 2025.
Thailand's prepaid card market is projected to reach $18.64 billion by 2025, with a CAGR of 13.4% until 2030.
Technological advancements and regulatory support are fueling growth in digital payments in both countries.
Emerging fintech firms are increasingly challenging traditional banks in these markets.

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Story summary

Indonesia's prepaid card and digital wallet market is set to grow nearly 10%, reaching $7.94 billion by 2025.
Thailand's prepaid card market is projected to reach $18.64 billion by 2025, with a CAGR of 13.4% until 2030.
Technological advancements and regulatory support are fueling growth in digital payments in both countries.
Emerging fintech firms are increasingly challenging traditional banks in these markets.