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indonesia pay later debt reaches 1.81 billion dollars in january 2025
In January 2025, Indonesia's pay later transactions reached 29.69 trillion rupiah (US$1.81 billion), marking a nearly 50% increase from December 2024. Financing companies saw a 41.9% year-on-year growth, while bank-facilitated transactions rose by 46.45%. Notably, 70.4% of users are aged 18 to 35.
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