PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600401

Primary Business Area

Global Practice - Finance & Markets

Disclosure Date

Oct 2, 2014

Country

Indonesia

Region

East Asia and the Pacific

IFC Approval Date

Jul 9, 2014

Status

Completed

Estimated Total Budget

$3,048,570.00
(Project budget includes all project-funded activities)

Last Updated Date

Jan 2, 2019

Project Estimated End Date

Dec 31, 2016

Project Description

The project will promote the adoption of digital payments by small retailers in Indonesia, through the following aspects: (i) Supporting the development of guidelines on standards and practices for expanding Business-to-Business (B2B) payment services to small retailers; (ii) Assisting one or more banks or non-bank payment providers to design, implement and review their B2B payment and acceptance services, helping them directly extend new mobile linked accounts or e-money services to small retailers; and (iii) Expanding cost-effective inventory financing to small retailers through the design of cost-effective credit scoring and management tools using supplier and/or retailer transaction data, and the development of a retail distribution finance product for retailers or distributors.

Development Results

E&S Risks / Impacts and Mitigation