Digital payments are on the rise in Indonesia. Photo: Reuters

‘Buy now, pay later’ schemes take off in Indonesia’s online shopping malls, as digital loans boom

  • More Indonesian shoppers are using pay-later methods to buy items ranging from jeans to flight tickets, given the ease with which a loan is approved
  • But as online borrowing rises, experts warn the nation’s financial literacy needs to improve and that data-protection laws should be in place
Topic |   Indonesia

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Digital payments are on the rise in Indonesia. Photo: Reuters
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