Indo-Fintech Intellectuals: Journal of Economics and Business
Vol. 4 No. 6 (2024): Indo-Fintech Intellectuals: Journal of Economics and Business (2024)

The Role of Digital Banking Facilities in Supporting the Mining Industry in Indonesia

Permana, Riko Mersandro (Unknown)



Article Info

Publish Date
31 Jan 2025

Abstract

The mining industry in Indonesia plays an important role in the country's economy. To support this sector's smooth operation and growth, digital banking facilities are increasingly becoming an important element in transaction processes and financial management. This study aims to analyze the role of digital banking facilities in supporting the mining industry, focusing on transaction efficiency, ease of access to funding, and enhanced transparency and security. Based on qualitative research and data collected through literature studies, this article finds that digital banking facilities significantly contribute to modernizing the Indonesian mining industry. The existence of these facilities helps mining companies to expedite payment processes, minimize financial risks, and enhance operational efficiency.

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Journal Info

Abbrev

ifi

Publisher

Subject

Humanities Economics, Econometrics & Finance Social Sciences

Description

Indo-Fintech Intellectuals: Journal of Economics and Business (IFI-JEB) is a fully refereed (double-blind peer review) and an open-access online journal for academics, researchers, graduate students, early-career researchers and students, published by Lembaga Intelektual Muda (LIM) Maluku. IFI-JEB ...