HOW FINTECH CONDITIONS IN INDONESIA DURING THE COVID-19 PANDEMIC?

  • Lia Nazliana Nasution Universitas Sumatera Utara
  • Ramli Ramli Universitas Sumatera Utara
  • Isfenti Sadalia Universitas Sumatera Utara

Abstract

This study aims to see how the FinTech financial services industry's condition during the COVID-19 pandemic in Indonesia in a quantitative descriptive manner. E-money transactions, ATM/debit cards, credit cards, turnaround clearing, and RTGS transactions focus on our observations. Limited mobility during the COVID-19 pandemic and the large-scale social restrictions (PSBB) policy has increased electronic money payment transactions. In contrast to clearing turnover and RTGS transactions, they showed a downward trend; however, since the 'new normal' began in June, turnover in clearing and RTGS transactions improved.

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Published
2020-12-05
How to Cite
NASUTION, Lia Nazliana; RAMLI, Ramli; SADALIA, Isfenti. HOW FINTECH CONDITIONS IN INDONESIA DURING THE COVID-19 PANDEMIC?. International Proceeding of Law and Economic, [S.l.], p. 46-50, dec. 2020. Available at: <https://jurnal.pancabudi.ac.id/index.php/iple/article/view/1079>. Date accessed: 26 may 2024.