Fintech Potential for Remittance Transfers: A Central America Perspective

Peningkatan Literasi dan Akses Informasi Keuangan Bagi Pekerja Migran Indonesia di Malaysia

“…Literasi keuangan berpengaruh terhadap perilaku pengiriman uang (remitansi) pekerja migran. Hal ini menunjukkan bahwa pengetahuan yang diperoleh melalui pelatihan literasi keuangan dapat membantu pekerja migran dalam mengelola dan mengirimkan uang mereka dengan lebih efektif (Julia Bersch, Jean François Clevy, Naseem Muhammad, Esther Pérez Ruiz, 2021). Literasi keuangan memiliki dampak positif terhadap perilaku menabung dan investasi masyarakat, termasuk pekerja migran (Nabila & Dewi, 2023).…”

Digital Money and Remittances Costs in Central America, Panama, and the Dominican Republic

“…Notwithstanding the profound potential benefits of using digital money and fintech solutions (see Bersch et al, 2021), their adoption for remittance transfers in CAPDR remains relatively low compared to other regions. This persists despite the generally broad adoption of information technology and mobile penetration in the CAPDR / LAC region (GSMA, 2021).…”

“…• The prevalence of cash in LAC economies, which tend to have higher rates of informality (Bersch et al, 2021), and therefore use more cash;…”

“…In this context, addressing key structural factors, such as tackling informality, improving financial inclusion and aligning domestic regulatory frameworks with international standards, will be key to reap the full benefits of new digital technologies in the region. Raising the uptake in digital remittances, which has been limited by constraints in the use of digital money (Bersch et al, 2021) and aiming for a balance between curbing illegal activities and not imposing unnecessary burden on remittance service providers is essential in lowering remittance costs (Da Silva Filho, 2021). 2…”