Indonesia is a country that has more than 279 million citizens and 92 million of those are unbanked. This inconvenient situation mostly derives from the outdated centralized financial system which is regulated by the Indonesian Government.
Seeing the great potential of Indonesia, MasterCard has partnered with crypto gateway provider Fasset to co-develop digital solutions and accelerate financial inclusion within Indonesia.
MasterCard’s mission is to integrate Fasset’s global crypto service into its system. From there, 92 million unbanked Indonesians will have the opportunity to access the crypto electronic transaction service by using MasterCard.
This would then open a new gate for a lot of residents in Indonesia to not only approach global digital banking but also to start using various digital financial services.
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