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A Dime a Dozen: Consolidation in the ePayments and eWallets space

The ePayments industry has been growing rapidly, spurred on by the desire for contactless payments in the wake of COVID19. In both developed and developing countries, ePayments platforms like eWallets have become increasingly popular - and perhaps too popular.

What are the views of consumers and merchants? Is the industry overheating? Are too many platforms now competing for too small a pie?

Pioneer Consulting Asia-Pacific's MD, Virat Patel, was invited to lead a panel at the Asia Global Payments Summit 2020, covering

  • Recent developments in ePayments in Asia

  • Opportunities and challenges for ePayments providers

  • Merchants’ perspective on ePayments

  • Impact of COVID19 on ePayments providers' businesses

  • Impact of increased online payments on core business of traditional payment companies

  • What will it take for ePayments providers to survive the market shakeout?

Virat was joined by panellists representing both sides of the table - digital payments providers, and 'traditional' banking giants:

  • Pratyush Prasanna, Head of Merchants Payments, GoJek

  • Sandeep Malhotra, EVP (Products and Innovation), Mastercard

  • Mitch Padua, Chief Product Officer, PayMaya

  • Nicholas Soo, Director and Regional Head of Payments Products, HSBC

Catch the recording of our webinar below:

Questions or suggestions? Get in touch with us at


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