JAKARTA - PT Bank Tabungan Negara (Persero) Tbk (BTN) is expanding its business expansion by targeting the market cooperative ecosystem. This effort is carried out through a strategic partnership with the Market Trader Cooperative (INKOPPAS).
BTN President Director Nixon LP Napitupulu said the collaboration aims to encourage the digitalization of cooperatives and market traders. At the same time, expanding financial inclusion in the traditional market sector.
"This cooperation is a strategic step for the company in expanding access to ecosystem-based finance. Traditional markets are the backbone of the people's economy," said Nixon at the signing ceremony for the BTN and INKOPPAS market digitization cooperation MoU at BTN Tower 2, Wednesday, April 15.
A number of programs have been prepared. Starting from digital banking services, market levy digitization, to the distribution of financing such as People's Business Loans (KUR) for cooperative members. BTN also opens opportunities for the distribution of other financing, including productive credit for market traders.
This step is expected to increase access to capital and encourage the growth of traditional market-based MSME economies.
"Through collaboration with INKOPPAS, BTN not only provides digital transaction services, but also opens access to financing for cooperative members so that their business capacity can increase sustainably," said Nixon.
On the same occasion, INKOPPAS Chairman Yudianto Tri revealed that digitization and access to financing are now the main needs of market traders in the midst of digital economic transformation.
"Through this partnership, we hope that cooperative members and market traders will have access to a wider range of financial services, ranging from digital payments, transaction management, to business financing," he said.
BTN and INKOPPAS cooperation also includes the digitization of market management. Among them are the digitization of levies and the integration of payment systems so that transactions are more transparent, efficient, and well documented.
The track record of digital transactions is considered important. Because it can be the basis for financial institutions to channel financing more accurately to traders.
The initiatives prepared include the installation of QRIS Bale Merchant and EDC machines to facilitate payments. In addition, Bale Agents will be opened in cooperatives and market managers to expand banking services.
BTN also prepares a community apps service for cooperative members and market traders. It is hoped that this can support business activities while strengthening the community-based financial ecosystem.
Through this cooperation, BTN and INKOPPAS will continue to explore various development opportunities. Starting from the digitization of cooperatives to the provision of more comprehensive financial services. This synergy is expected to be able to accelerate the transformation of the traditional market while expanding access to financing for millions of traders in Indonesia.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
