This is How Asia’s Fintech Revolution Helps Small Businesses

If you have a mobile phone with a stable internet connection, you would have most likely purchased a product or service online. On top of that, you probably expected seamless mobile payment to be part of the purchasing experience.

This is fast becoming the new normal for many consumers in Asia, particularly in China, India and key financial hubs, with FinTech service adoption rates surging to 63% last year. Several factors have contributed to its success in the region, such as the presence of a relatively young and digitally-savvy population, and large pockets of financially underpenetrated markets.