SINGAPORE - The Covid-19 pandemic has propelled contactless and cashless transactions in Indonesia at warp speed, paving the way for virtual banks which will be a game changer for millions of people in the country without bank accounts.
Fintech has boomed in recent years, providing more streamlined and efficient financial services and faster onboarding process. The pandemic has led to even more growth particularly in mobile payments and peer-to-peer lending, analysts say.
Like elsewhere in the world, Indonesians have switched to digital payment methods to minimise face-to-face interactions and trips to physical banks. Those who have been laid off are taking loans from peer-to-peer lending platforms, which offer lower interest rates and more flexible terms than traditional banks.
Etikus hackereket képeznek a kibertámadások kivédésére
demokrata.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from demokrata.hu Daily Mail and Mail on Sunday newspapers.
Etikus hackereket képeznek a kibertámadások kivédésére Japánban
makronom.mandiner.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from makronom.mandiner.hu Daily Mail and Mail on Sunday newspapers.
Etikus hackereket képeznek a tokiói olimpiára
profitline.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from profitline.hu Daily Mail and Mail on Sunday newspapers.