Perkembangan Fintech Dalam Meningkatkan Transaksi Digital UMKM Di Indonesia

Abstract

Starting from the presence of fintech, which is a combination of technology and the financial system in Indonesia, it has had positive impacts such as speed in transactions and negative impacts such as leaks of users' personal data. Fintech has supported a lot of economic growth, one of which is MSME business players in Indonesia. However, there are still many MSMEs that do not use fintech in their transactions. Therefore, the author conducted research using quantitative methods to find out how fintech is growing in Indonesia, the role of fintech in developing MSMEs, the challenges in implementing fintech in MSMEs, and fintech strategies in encouraging digital transactions in MSMEs in Indonesia. The results of the research show that there are still opportunities for business people to help with transactions and manage their business operations by using several fintech strategies, conducting research before starting a business, and choosing the type of fintech that suits their business needs, as well as anticipating negative impacts on their business.