IMPACT OF DIGITAL FINANCIAL LITERACY ON CONSUMER PROTECTION, INVESTOR SECURITY, AND FINANCIAL TRANSACTIONS IN INDONESIA
This study examines the influence of digital financial literacy on consumer protection, investor security, and financial transactions in Indonesia. As digital financial services rapidly expand across the country, understanding the level of financial literacy among consumers becomes crucial. This study explores how adequate digital financial literacy enhances consumer protection by empowering individuals to make informed financial decisions and protect themselves against potential risks. Moreover, it investigates the correlation between digital financial literacy and investor security, highlighting the role of education in mitigating investment-related vulnerabilities. Furthermore, this study analyzes the impact of digital financial literacy on the efficiency and safety of financial transactions, emphasizing the importance of education in promoting secure and efficient financial practices. The findings underscore the need for targeted educational programs and policy initiatives aimed at improving digital financial literacy to foster a more secure and resilient financial ecosystem in Indonesia.
Authors
- Zulfikar Hasan (ORCID: https://orcid.org/0000-0001-5015-6933)
Institutions
- Institut Agama Islam Negeri Manado (ID)
Publication Details
- Journal
- International Journal of Islamic Economics and Finance Research
- Published
- 2024-12-24
- DOI
- https://doi.org/10.53840/ijiefer165
- Citations
- 4
- Primary Topic
- FinTech, Crowdfunding, Digital Finance
- Type
- article
- Field-Weighted Citation Impact
- 2.11