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Banking and Fintech Payment, Not the Opponents but the Man

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Banking and Fintech Payment, Not the Opponents but the Man

Fintech - The latest research from Accenture says, the business of global payments this year will reach US$ 1.5 trillion and increased to US$ 2 trillion in 2025.

(Read: Huge Waves of non-cash Transactions in Indonesia)

The presence of instant payment can reduce the need for credit cards and debit cards.

In fact, before the company fintech present, non-cash transactions tend to use a digital wallet belongs to the bank, such as credit card, debit card, or real time gross settlement (RTGS).

Senior Vice President (SVP) Transaction Banking and Retail Sales Bank Mandiri, Thomas Wahyudi, said the digitization of finance is a necessity and is growing very fast driven growing proliferation of the fintech industry.

The General Manager of the Division of E-Banking BNI Anang Fauzi said in the face of the development of digital banking is need of fintech and startup.

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