DIGITAL FINANCIAL INCLUSION IN INDONESIA

B Indonesia at Glance Low Savings Capability 46% Financial Needs "others: school expenses, transportation cost and payment for rent house Payment for airtime top-up 7% Base respondent: 1,080 Others 14% Food cost 34% Bill Payment 21% Pay loan installments (motorcycle, cre dit etc) 500 My salary usually end up in my kitchen because our expenses for daily food almost lake 30-40% in a month (Pulau Tidung. 28 years old male, entrepreneur) Payment for household 54% Non Financial Needs goods and Saving 9% electronics 6% Sumber: Market research on the value proposition of offering a prepaid card linked to mobile branchless banking in Indonesia, presentation to NETHOPE/E---MITRA/BTPN/VISA, Juli 2014 Top 5 Financial Transactions Done by Unbanked 99% of respondents use cash as payment method for both financial and non-financial needs Total N=6000 Male n=2367 Female n=3633 Urban n=3160 Rural n2840 >GK n=2239 <GK n=3761 Purchase of Goods 88% Utilities Payment 83% Purchase of goods for daily consumption and payment public utilities, e.g electricity, are the most popular transaction Airtime Payment 60% 65% 55% 68% 51% 73% 53% P2P Transfer 58% 40% 75% 559% 55% 61% 56% Receiving Salary 55% 72% 39% 53% 57% 54% 55% Sumber: Survey of Users and Nonusers of Financial Services 2014, Intermedia 7

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