On behalf of the EU-ASEAN Business Council, as a supporting partner, EUROCHAM Malaysia would like to invite our members to participate in the upcoming webinar by the EU-ASEAN Business Council regarding the ASEAN’s 2021 Digital Toolkit Series: Banking on Cross-Border Payments happening Friday, 29 October 2021 at 4 PM (SGT).
Digital payments are a key enabler for digital commerce, and cross-border transactions, in particular, are instrumental for the development of ASEAN’s economy – and not just for e-commerce. The COVID-19 pandemic has been a game-changer, accelerating the adoption of digital payments in a region where cash reigns supreme; movement restriction orders forced businesses to shift operations online and consumers began turning to e-commerce for everything from food delivery to buying essential goods. The region’s large base of underbanked customers is now also empowered to make online purchases as e-payment platforms proliferate.