[CORE Vlog Competition] 24 Hours with Digital Payment (Agnieska Rouly)

CORE INDONESIA

15 Sept 202002:01

Summary

TLDRThe COVID-19 pandemic has significantly impacted businesses, leading to a global recession. Digital payments have emerged as a crucial tool to support the economic cycle by enabling contactless transactions. They facilitate safe online purchases of food and groceries, minimize physical contact in transportation, and reduce the risk of virus spread in public places. The adoption of digital payments has surged, especially in e-commerce and online services, offering new ways to support artists and those in need. The pandemic has accelerated the shift to digital, benefiting both consumers and producers, and proving essential in preventing the spread of the virus.

Takeaways

🌐 The COVID-19 pandemic has heavily impacted businesses, leading to a global recession, emphasizing the importance of digital solutions to support the economy.
🛒 Digital payments and online grocery shopping are highlighted as safe ways to support SMEs and local farmers during the pandemic.
🏠 Staying indoors is encouraged, but when going out is necessary, digital payments in online transportation bookings minimize physical contact for safety.
🚌 The use of digital payments in public transportation is faster and more secure, reducing the time spent on top-ups at stations and limiting physical contact.
🍽️ Dining out is a concern due to high physical contact; digital payments can significantly lower the risk of spreading the virus.
📈 In Indonesia, e-commerce and mobile payments have seen an 18.1% increase since the outbreak, showing a shift towards online transactions for survival.
💪 Online workout apps with easy payment systems have helped maintain well-being during the pandemic, demonstrating the adaptability of services.
🏥 Online medical services have become widely accessible, integrated with digital payment systems, for safer and more convenient healthcare.
🎨 The script introduces the concept of supporting artists through mobile payments, offering new options for those in need.
📊 Netflix experienced a 140% surge in usage during the pandemic, attributed to the support of digital payments, showcasing the shift in entertainment consumption.
🔐 The adoption of digital payments has accelerated to limit physical contact in transactions, benefiting all economic players and helping to prevent the spread of COVID-19.

Q & A

How has the COVID-19 pandemic impacted businesses globally?
-The COVID-19 pandemic has heavily affected businesses, leading to a global recession.
What role do digital payments play in supporting the economic cycle during the pandemic?
-Digital payments offer a secure way to support the economic cycle by facilitating transactions for everyday necessities like food and groceries through online apps.
How can digital payments help small and medium-sized enterprises (SMEs) and local farmers?
-Digital payments enable SMEs and local farmers to continue their operations by allowing customers to order food and groceries online, thus supporting their businesses during challenging times.
What is the safest way to book online transportation during the pandemic?
-The safest way to book online transportation is to use digital payments to minimize physical contact between the rider and the driver.
Why is digital payment preferred when using public transportation during the pandemic?
-Digital payment is preferred as it is faster and more secure, saving time that would otherwise be needed for top-ups at stations and reducing the risk of spreading the virus.
How has the pandemic influenced the demand for dining out and what is a safer alternative?
-The pandemic has raised severe concerns about dining out due to high demand for physical contact. A safer alternative is using digital payment methods to lower the risk of virus spread.
What impact has the pandemic had on e-commerce and mobile payment transactions in Indonesia?
-In Indonesia, transactions through e-commerce, which often involve mobile payments, have increased by 18.1% since the outbreak.
How have online workout apps and digital payment systems contributed to well-being during the pandemic?
-Online workout apps with easy payment systems have allowed people to maintain and improve their well-being while adhering to social distancing measures.
What role do digital payment systems play in accessing online medical services?
-Digital payment systems make online medical services widely accessible, tying up with these services to ensure convenience and safety during the pandemic.
How have digital payments opened up new avenues for supporting artists during the pandemic?
-Digital payments have introduced new options for supporting artists, such as crowdfunding and direct donations, which are essential for those in need.
What is one example of a significant increase in digital service usage due to the pandemic?
-Netflix alone experienced a 140% surge in usage during the pandemic, which would not have been possible without the support of digital payments.
Why is the adoption of digital payments important in preventing the spread of COVID-19?
-The adoption of digital payments is important as it limits physical contact during transactions, which is beneficial for all economic players in preventing the spread of COVID-19.
What challenges might consumers and producers face in adopting digital payments, and what is the suggested approach?
-While the adoption of digital payments might be challenging, both consumers and producers ought to embrace digitization to adapt and thrive during the pandemic.

Outlines

00:00

💼 Digital Payments Boost Economic Recovery Amid Pandemic

The script discusses how businesses have been severely impacted by the COVID-19 pandemic, leading to a global recession. It highlights the role of digital payments in supporting the economic cycle and securing transactions. The necessity of food and the use of online apps for grocery purchases are emphasized as safe methods to support SMEs and local farmers. The script also mentions the importance of digital payments in minimizing physical contact during essential activities like booking online transportation and using public transit. The increased adoption of digital payments is illustrated with the example of Indonesia, where e-commerce transactions have risen by 18.1% since the outbreak. The benefits of digital payments for various sectors, including online workout apps, medical services, and supporting artists, are outlined. The script concludes by emphasizing the accelerated adoption of digital payments as a means to limit physical contact and prevent the spread of the virus, urging both consumers and producers to embrace digital solutions.

Mindmap

Keywords

💡COVID-19

COVID-19 refers to the coronavirus disease that emerged in 2019, causing a global pandemic. The video emphasizes the significant impact of COVID-19 on businesses, leading to a global recession. The pandemic has accelerated the adoption of digital payment systems as a means to reduce physical contact and support economic activities.

💡Global Recession

A global recession is a period of worldwide economic decline. The video mentions that the COVID-19 pandemic has led to a global recession, severely affecting businesses. The concept underscores the importance of finding alternative ways, such as digital payments, to sustain economic activities during such challenging times.

💡Digital Payment

Digital payment refers to the use of electronic methods to transfer money between parties. The video highlights how digital payments offer a secure way to conduct transactions during the pandemic, reducing the need for physical contact. It is presented as a key solution to support SMEs, local farmers, and various sectors while maintaining safety.

💡E-commerce

E-commerce is the buying and selling of goods and services over the internet. The video notes a significant increase in e-commerce transactions in Indonesia, with a growth of 18.1% since the pandemic began. This rise is closely linked to the use of mobile payment systems, demonstrating the shift towards online platforms to ensure business survival.

💡SMEs (Small and Medium-sized Enterprises)

SMEs are businesses with a limited scale in terms of employees and revenue. The video discusses how SMEs, especially local farmers, are supported through digital payments during the pandemic. By encouraging online purchases and digital transactions, consumers can help sustain these smaller businesses in a time of economic uncertainty.

💡Physical Contact

Physical contact refers to direct interaction between people, which can lead to the spread of COVID-19. The video stresses the importance of minimizing physical contact through the use of digital payments in various scenarios, such as public transportation and dining, to reduce the risk of virus transmission.

💡Online Transportation

Online transportation refers to ride-hailing services that can be booked through apps. The video highlights how digital payment methods provide a safer option for both riders and drivers by minimizing physical contact during transactions. This is crucial in maintaining safety during necessary travels outside the home.

💡Online Medical Services

Online medical services involve accessing healthcare through digital platforms. The video mentions that these services have become widely accessible during the pandemic, with digital payment systems facilitating the process. This adaptation ensures that people can receive medical care while minimizing physical interactions.

💡Mobile Payment

Mobile payment is a form of digital payment made through mobile devices. The video emphasizes its role in supporting various activities during the pandemic, such as e-commerce, online workouts, and even cultural support through donations. The convenience and safety of mobile payments are highlighted as key factors in their increased adoption.

💡Pandemic-induced Adoption

Pandemic-induced adoption refers to the accelerated acceptance and integration of new practices due to the pandemic. The video explains how the necessity to reduce physical contact has driven the widespread adoption of digital payment systems, which are now viewed as essential for maintaining economic and social activities during COVID-19.

Highlights

Businesses are heavily affected by the COVID-19 pandemic, leading to a global recession.

Digital payments can support the economic cycle securely during the pandemic.

Online food orders and grocery purchases offer safe ways to support SMEs and local farmers.

Digital payments are crucial for maintaining these safe purchasing actions.

Staying inside is encouraged, but digital payments minimize risks when going outside.

Online transportation bookings are safer with digital payments for both riders and drivers.

Digital payments avoid physical contact, providing a safer solution during the pandemic.

Public transportation benefits from digital payments, being faster and more secure.

E-commerce and mobile payments have seen an 18.1% increase in Indonesia due to the pandemic.

Online workout apps with easy payment systems improve and maintain well-being.

Online medical services are widely accessible, integrated with digital payment systems.

Mobile payments offer new ways to support artists and those in need.

Netflix experienced a 140% surge in usage during the pandemic, supported by digital payments.

The adoption of digital payments has accelerated to limit physical contact in transactions.

Digital payments are beneficial for all economic players to prevent the spread of COVID-19.

The shift to digital payments, though challenging, is necessary for consumers and producers.