The Jakarta Post
Writing in The Jakarta Post, BCG’s Tushar Agarwal and Hans Canggadibrata discuss Indonesia’s evolving financial landscape, driven by digital innovations such as e-wallets, cryptocurrency, and central bank digital currencies. “Indonesia’s commitment to modernizing its payments infrastructure will play a critical role in maintaining this growth,” they write. The country’s transaction banking market is projected to expand at a 9% compound annual growth rate by 2028, fueled by small and medium enterprises.