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.
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