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Indonesia credit and charge card payments market to grow by 3.2% in 2025, forecasts GlobalData

Summary by GlobalData
Indonesia’s credit and charge card payments market is expected to register a growth of 3.2% to reach IDR441.8 trillion ($27.9 billion) in 2025. This growth will be driven by the rising consumer spending and increasing consumer preference for cashless transactions. Enhanced by value-added incentives such as cashback offers, flexible repayment options, and installment facilities, the market is set to maintain an upward trajectory, despite the evol…
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GlobalData broke the news in on Friday, May 9, 2025.
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