Uncovering the Challenges of Digitizing QRIS in Micro and Small Business: Is Sustainability at Stake?
The advancement of digital payment transactions through QRIS represents a significant innovation in the realm of shopping. This modern technology allows us to conveniently make purchases without the need for cash or an ATM/credit card. With the help of our cell phones, we can effortlessly shop at various merchants that offer QRIS as a payment […]
3 Facts You Didn’t Know About Indonesia’s Unbanked
Last year, I had an opportunity to attend the workshop on Global Findex. Ms. Leora Klapper, a founder of the Global Findex Database, shared her important findings for Indonesia. Here are 3 facts that you probably didn’t know about Indonesia’s unbanked: 1. 49 percent are women Globally, women still are less likely than men to […]
Closing the Gap, Halfway There
“The distance to the nearest branch office is pretty far away. I can’t leave my son and my ‘warong’ for depositing money into a bank account.” This is one of the common answers when you ask people in rural areas why they are not having a financial account. According to the latest World Bank Global […]