Hendra Suryakusuma, an executive at Fasset, said that the partnership will help the unbanked population in Indonesia.
Financial services firm Mastercard has partnered with crypto gateway provider Fasset to co-develop digital solutions that may drive adoption in Indonesia. The collaboration aims to expand financial inclusion in the country and extend opportunities to its local economy.
In an announcement, Navin Jain, the country manager for Mastercard Indonesia, said that will support Fasset's efforts to advance financial inclusion within the country. According to Jain, the partnership will help locals to have more access to digital technologies. Hendra Suryakusuma, an executive at Fasset, told Cointelegraph that there is an unbanked population of 92 million in Indonesia. According to Suryakusuma, this gap will be bridged by Fasset and Mastercard to bring better access to digital financial services. Suryakusuma explained that:
“Our partnership seeks to lower the barriers to digital finance and drive greater opportunities to benefit from the use of emerging financial services.” Apart from this, the executive also believes that crypto adoption in countries like Indonesia will also have a significant impact on the broader crypto ecosystem. He highlighted that it will serve as a reference for other countries to pursue progress and change the pace of economic growth. “The implications on the industry are greater legitimization of crypto assets, their use cases, and areas of applications,” he further explained.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Vermont regulator joins ‘multistate investigation’ into CelsiusThe Vermont Department of Financial Regulation has joined a “multistate investigation” into troubled crypto lender Celsius.
Baca lebih lajut »
Crypto Needs Regulation — Technology Can't Remove All Financial Risks, BOE's Cunliffe SaysSpeaking in Singapore, Bank of England Deputy Governer Jon Cunliffe said regulators need to “get on the job” of regulating cryptos, and shared insights on
Baca lebih lajut »
SOLID P2P Trading Platform Upgrades Interface and Functionality, Launches Referral CampaignHere's how SOLID P2P makes peer-to-peer crypto exchange user-friendly for crypto newbies
Baca lebih lajut »
UK lawmakers seek input on the future of cryptoUK lawmakers opened an inquiry into the future of cryptocurrency, with plans to consider the impact crypto could have on consumers, the government and financial institutions.
Baca lebih lajut »
Bank of Indonesia: Crypto Could Strengthen the Global Financial System but There's a CatchGovernor Joewono said cryptocurrencies could be highly beneficial to Indonesia, but first rules should be implemented in the space.
Baca lebih lajut »
Korean fintech giant plans to create 10K Web3 jobs amid bear marketThe fintech giant Dunamu aims to open offices in major cities across the country and develop training programs to induct new people into the Web3 ecosystem. (Reporting via _prashantjha)
Baca lebih lajut »