<![CDATA[The transformation of the financial sector in the digital era through Financial Technology (FinTech) innovations that facilitate financial transactions, especially digital payments. With the background of the growth of internet and smartphone users in Indonesia, non-cash payment methods or a cashless society have become very popular. The advantages of digital payments, such as ease, speed, security, and convenience, make them an ideal solution for everyday transactions. Digital payments are defined as financial transactions carried out electronically, utilizing technology to store, process, and receive payment information. Digital payments have several main characteristics including ease of access, transaction speed, high security, practicality, cost-effectiveness, transparency, support for innovation, and are environmentally friendly. The types of digital payments that are popular in Indonesia include digital wallets (e-wallets), QRIS, online money transfers, credit and debit cards, e-money, P2P lending services, and remittance services. The benefits of digital payments in financial technology are very real in the ease and convenience of transactions, better financial management, and reduced risks related to cash. However, the risks of security, privacy, system reliability, and regulatory compliance remain challenges that need to be overcome. Security involves protection against cyber attacks, while privacy focuses on managing user data. System reliability includes penetration testing and security audits, as well as balanced regulation to encourage innovation while protecting consumers. Thus, digital payments offer many significant benefits but also require serious attention to the various risks that may arise.]]>
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