Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Robert Sidauruk
The widespread use of electronic money (e-Money) is seen as an effective way to broadly improve financial literacy levels at all levels of society, as well as to address the issue of so called unbanked or underbanked people in remote areas.
To realize this, Zulkifli Zaini, Chairman of Indonesian Bankers Association sees banks as the predominant institution to provide financial services to cross levels of society and to play and important role in familiarizing the public with the use of E-Money.
“The role of banks is crucial to start implementing the use of E-Money,” said Mr. Zaini in Jakarta on Thursday.
Mr. Zaini also highlighted the low level of financial literacy in society due to the uneven spread of financial services throughout Indonesia, especially in remote and disadvantaged areas with poor access to banking products.
“At least 50% of the population of Indonesia is not covered by financial services. This is worsened by the limited scope of financial literacy programs that have only reached 21. 8% of the total population in Indonesia,” informed Mr. Zaini.
To address this issue, Mr. Zaini proposes three approaches. The first is to enhance societal knowledge of financial services through education. The second is to strengthen E-Money infrastructure to make it accessible by everyone at all levels. Finally, banks need to better development their financial products.
Likewise, Agus Sugiarto, Director for Literacy and Education at the Financial Services Authority (OJK), agrees that public financial literacy can be enhanced through the use of E-Money.
Mr. Sugiarto informed that at present that there are at least two main policy instruments that have been issued by Bank Indonesia for e-money framework, namely Digital Financial Services and branchless banking.
However, Mr. Sugiarto notes that the expansive area and geography of Indonesia consisting of numerous islands presents unique challenges for the OJK in implementing financial literacy programs for the public.
The OJK, according to Mr. Sugiarto, plans to emphasis the development of the necessary infrastructure to enhance its educational programs, such as boats or other means of transportation, to provide financial services to the public even in remote areas, as a means to overcome the challenges of Indonesia's geographical diversity.
“We are fully committed to supporting the use of E-Money and the implementation of branchless banking so the public may have access to banking services,” concluded Mr. Sugiarto.
(hot/kc)
Fathan Qorib, Robert Sidauruk
The widespread use of electronic money (e-Money) is seen as an effective way to broadly improve financial literacy levels at all levels of society, as well as to address the issue of so called unbanked or underbanked people in remote areas.
To realize this, Zulkifli Zaini, Chairman of Indonesian Bankers Association sees banks as the predominant institution to provide financial services to cross levels of society and to play and important role in familiarizing the public with the use of E-Money.
“The role of banks is crucial to start implementing the use of E-Money,” said Mr. Zaini in Jakarta on Thursday.
Mr. Zaini also highlighted the low level of financial literacy in society due to the uneven spread of financial services throughout Indonesia, especially in remote and disadvantaged areas with poor access to banking products.
“At least 50% of the population of Indonesia is not covered by financial services. This is worsened by the limited scope of financial literacy programs that have only reached 21. 8% of the total population in Indonesia,” informed Mr. Zaini.
To address this issue, Mr. Zaini proposes three approaches. The first is to enhance societal knowledge of financial services through education. The second is to strengthen E-Money infrastructure to make it accessible by everyone at all levels. Finally, banks need to better development their financial products.
Likewise, Agus Sugiarto, Director for Literacy and Education at the Financial Services Authority (OJK), agrees that public financial literacy can be enhanced through the use of E-Money.
Mr. Sugiarto informed that at present that there are at least two main policy instruments that have been issued by Bank Indonesia for e-money framework, namely Digital Financial Services and branchless banking.
However, Mr. Sugiarto notes that the expansive area and geography of Indonesia consisting of numerous islands presents unique challenges for the OJK in implementing financial literacy programs for the public.
The OJK, according to Mr. Sugiarto, plans to emphasis the development of the necessary infrastructure to enhance its educational programs, such as boats or other means of transportation, to provide financial services to the public even in remote areas, as a means to overcome the challenges of Indonesia's geographical diversity.
“We are fully committed to supporting the use of E-Money and the implementation of branchless banking so the public may have access to banking services,” concluded Mr. Sugiarto.
(hot/kc)