With 84% merchants in Southeast Asia expecting 50% of their business payments to be digital in the next 5 years, corporate cards and expense management solutions are an emerging need for SMEs in this market. While challenger fintechs are currently targeting this white space, banks are well-placed to capture the revenue as well as improve their onboarding of and engagement with SMEs.
- Deepali Lalwani
- January 18, 2023
