Younger Generation Is Encouraged To Use Digital Payments Wisely

DIKSIA.COM - JAKARTA, Di co-hosted a Young Understanding FinTech seminar with two P2P lending companies, Kredifazz and AdaKami, with the theme, “Tips for understanding how to leverage today's financial technology innovations.”

This seminar was attended by the student community of Belitung Polytechnic to improve financial literacy, digital finance awareness and knowledge among the younger generation.

“As FinTech grows, one hopes that the younger generation will become more familiar with FinTech, use it wisely and make a positive impact that helps society,” said Jacelyn Angelia, AdaPundi for internal media and public relations, on Friday (7/7). 2023). ).

He is optimistic that educating students directly will be an effective driver of change to increase knowledge about FinTech.

“In Indonesia, the presence of FinTech has helped the community and become part of everyday life. “The use of digital payments is becoming more widespread due to the ease of access and the speed of transactions,” said Jacelyn.

In his opinion, the convenience offered by FinTech has increased e-commerce sales.

The level of financial literacy in Bangka-Belitung province is still relatively low, standing at just 30.39 percent in 2022, according to the Financial Services Authority's (OJK) National Financial Literacy and Inclusion Survey (SNLIK).

“As a smart young generation, it is very important to have a good understanding of the risks and benefits of FinTech lending. So that we can make good use of the service,” Jacelyn said.

FinTech P2P lending can reach people who cannot be reached with traditional banking.

In addition, FinTech can also improve macroeconomics.

The growth of the banking sector can bring a second benefit, namely raising people's living standards and helping to expand employment opportunities and boost economic growth.

According to OJK data, there are currently 102 FinTech loan providers that have licensed OJK and are members of AFPI (Indonesian Joint Funding FinTech Association).

The FinTech lending industry has helped channel loans to users, with funds totaling IDR 546.802 trillion as of January 2023.