The Indonesian Express
At the beginning of 2024, PT Bank Maybank Indonesia, Tbk. ("Maybank Indonesia" or "Bank") officially launched the Pegadaian Gold Savings on the M2U ID App in collaboration with PT Pegadaian (Pegadaian). This latest feature is part of the realization of the M25+ Maybank Group strategy, in line with the bank's mission of 'Humanising Financial services' to provide comprehensive and relevant financial solutions to the public. When it comes to this investment instrument, gold has been known since ancient times and remains popular to this day. According to J.P. Morgan*, the price of gold continues to rise and reached a new high point in 2024. Gold, as a safe haven asset, tends to be more stable even amidst global uncertainty that can be influenced by various factors such as politics, social issues, and economics. Geopolitical tensions affecting the global economy make gold, with minimal risk, one of the right investment instrument choices. Furthermore, global conflicts between countries can lead to a decrease in the value of certain currencies against foreign exchange rates, making gold, which is not directly affected by currency fluctuations, advantageous as a hedge asset. Charles Budiman, Chief Digital Officer of Maybank Indonesia, said, "Gold has various advantages of its own, no wonder this investment tool has been widely used over time. Maybank Indonesia, as one of the largest banks in the country, is committed to meeting the financial needs of the public by providing the best products and services. Especially in the midst of technological advancements in the digital era, the banking sector must continue to evolve to provide easy and convenient investment products, allowing customers to optimize their funds more effectively, one of which is the Pegadaian Gold Savings on the M2U ID App." The Gold Savings of Pegadaian is a digital gold savings product from Pegadaian that can be obtained through transactions on the M2U ID App. Through this feature, the public has the convenience of investing in digital gold in the palm of their hands with the support of practical and secure mobile banking features. Investors, both beginners and experienced, can also follow the movements of gold buying and selling prices in real-time, allowing them to monitor and manage investment funds from anywhere. Starting this year with the innovation of the Gold Savings of Pegadaian on the M2U ID App, Maybank Indonesia now presents its latest breakthrough feature, the Physical Gold Withdrawal feature. As the first bank in Indonesia to introduce the conversion of digital gold into physical gold with a guarantee of 24 karat purity through mobile banking, Maybank Indonesia once again demonstrates its commitment as a leading financial service provider in the country that offers easy and understanding financial services to the public. The printing of physical gold through the M2U ID App can be done easily and with various gold printing costs, where the minimum amount of gold printing is 1 gram. Customers only need to have a minimum deposit of 0.05 grams in their Pegadaian Gold Savings account in order to print their digital gold and choose the physical gold withdrawal outlet in the Physical Gold Withdrawal feature. After that, the physical gold can be collected at selected Pegadaian branch offices by bringing an Identity Card (KTP) and the order receipt from the M2U ID App. "The presence of the Gold Savings of Pegadaian provides convenience in investing in digital gold. But not only for conducting transactions of buying and selling digital gold, now the public can also obtain physical gold from the Gold Savings of Pegadaian on the M2U ID App. Enjoy various conveniences in saving gold in the palm of your hand through #M2UinAja and let's together invest for a better future," Charles concluded.