How Digital Finance Services Help Local Community in Indonesia

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How Digital Finance Services Help Local Community in Indonesia

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Innovation in financial services is gaining acceptance in Indonesia, and its benefits are becoming increasingly evident. To bring confidence and trust towards digital financial services among individuals and businesspeople, the World Bank conducted financial inclusion pilot program and supported financial literacy initiatives of regulators. These efforts aimed to increase ownership and usage of formal financial services by leveraging digital financial services.

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Innovation in financial services is gaining acceptance in Indonesia, and its benefits are becoming increasingly evident. To bring confidence and trust towards digital financial services among individuals and businesspeople, the World Bank conducted a financial inclusion pilot program and supported financial literacy initiatives of regulators. These efforts aimed to increase ownership and usage of formal financial services by leveraging digital financial services. Get to know the story of Ismail, a fish trader in Eastern Kalimantan and a typical small entrepreneur. He needs cash to buy fish from local fisherfolk and for other transactions. However, once Ismail began participating in the World Bank’s supported Financial Inclusion Pilot project, he learned he could start making payments through mobile phone, and that fisherfolk he did business with could too. Learn more: http://wrld.bg/gtWO50Q8Xvu #digitalfinance #financialinclusion #digitaleconomy 💬 Subtitles (CC) available in English, Bahasa 00:00 Ismail and his fisheries business 00:44 Challenges of cash transactions 02:10 World Bank's financial inclusion pilot project 02:42 Positive impact on communities ABOUT THE WORLD BANK 🌐 The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development on a livable planet. http://www.worldbank.org - - - - - - Bagaimana Layanan Keuangan Digital Membantu Masyarakat Setempat di Indonesia Inovasi layanan keuangan semakin diterima di Indonesia dan manfaatnya semakin nyata. Untuk meningkatkan kepercayaan terhadap layanan keuangan digital di kalangan individu dan pelaku bisnis, Bank Dunia melakukan program percontohan inklusi keuangan dan mendukung inisiatif literasi keuangan dari para regulator. Upaya ini bertujuan untuk meningkatkan kepemilikan dan penggunaan layanan keuangan formal melalui pemanfaatan keuangan digital. Ikuti kisah Ismail, seorang pedagang ikan di Kabupaten Berau, Kalimantan Timur dan tipikal pengusaha kecil. Dia membutuhkan uang tunai untuk membeli ikan dari nelayan setempat dan kebutuhan transaksi keuangan lainnya. Namun, ketika Ismail mulai berpartisipasi dalam proyek Percontohan Keuangan Inklusif Bank Dunia, dia menyadari bahwa melalui layanan keuangan digital, ponselnya dapat digunakan untuk melakukan pembayaran, dan para nelayan yang berbisnis dengannya pun demikian.

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262

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2023-11-17T19:45:38Z