Dublin, June 09, 2025 (GLOBE NEWSWIRE) -- The "Indonesia Prepaid Card and Digital Wallet Market Intelligence and Future Growth Dynamics Databook - Q2 2025 Update" report has been added to offering.

The prepaid card and digital wallet market in Indonesia is expected to grow by 8.4% on annual basis to reach US$ 7.94 billion in 2025. The prepaid card and digital wallet market in the country has experienced robust growth during 2020-2024, achieving a CAGR of 13.4%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 6.6% during 2025-2029. By the end of 2029, the prepaid card and digital wallet market is projected to expand from its 2024 value of US$ 7.32 billion to approximately US$ 10.23 billion.

Indonesia's prepaid card market is transforming, fueled by efforts to expand financial inclusion, advancements in digital payment systems, and regulatory shifts. The push to integrate unbanked populations into the formal financial system and increased consumer preference for seamless digital transactions is driving prepaid card adoption. Meanwhile, technological innovations such as contactless payments and mobile wallet integration enhance prepaid solutions' convenience and security.

Looking ahead, prepaid card providers must adapt to the evolving regulatory environment while continuing to innovate their service offerings. The impact of recent policy changes, including restrictions on social media e-commerce transactions, may require adjustments in business strategies to ensure compliance and maintain consumer engagement. As the market expands, businesses prioritizing regulatory alignment and technological innovation will be best positioned to capitalize on Indonesia's growing demand for prepaid financial solutions.