Pegadaian\u2019s gold is backed on a one-to-one basis. Customers who buy\n100 grams, 200 grams, or any amount, have their physical gold available\nat Pegadaian.<\/p>\n
Jakarta (ANTARA) - PT Pegadaian has confirmed that all digital gold\ninvestment products are backed by physical gold at a one-to-one ratio\nstored in the company\u2019s vaults, ensuring adequate supply and that\ncustomers need not worry.<\/p>\n
Yos Iman Jaya Dappu, the Director of Information Technology and\nDigital at PT Pegadaian, explained that before customers buy gold\nthrough the Tring! app, Pegadaian first prepares and deposits physical\ngold. Consequently, every purchase is backed by real gold\navailability.<\/p>\n
\u201cThis meets two things. First, in terms of security. Second, in terms\nof the Shariah concept. The physical gold already exists,\u201d he said at\nthe PRIMA Talkshow in Jakarta on Thursday.<\/p>\n
Yos cited that if a customer buys 100 grams of gold, Pegadaian has\nalready secured that amount of gold in advance.<\/p>\n
This step is taken to avoid price change risks that could harm\ncustomers if the physical purchase were made after the customer\u2019s\ntransaction.<\/p>\n
He explained that the gold Pegadaian stores is generally in the form\nof large bars, for example one kilogram.<\/p>\n
Within one bar there is a portion of ownership corresponding to the\ncustomer\u2019s balance of gold owned. Therefore, it is clear, the process of\nminting physical gold from the digital balance takes time.<\/p>\n
To meet customer needs, Pegadaian provides a Gold ATM facility that\nenables customers to print physical gold from their digital gold\nbalance.<\/p>\n
The availability of this facility is expected to strengthen customer\nconfidence by demonstrating that the digital gold balance truly is\nbacked by physical gold.<\/p>\n
In addition, Yos also confirmed that all gold managed has a fineness\nof 24 karat. Regulatively, Pegadaian is one of two institutions in\nIndonesia that has government approval to operate a bullion bank.<\/p>\n
Through the bullion bank, Pegadaian offers four main products, namely\ngold trading, gold deposits, gold-based working capital loans, and gold\ncustody services for corporations.<\/p>\n
This commitment is continually reinforced by the company as the\noperator of PRIMA Network switching services.<\/p>\n
As part of expanding Pegadaian\u2019s digital investment services to the\npublic, PT Rintis Sejahtera plays a role in integrating these services\ninto the PRIMA Network ecosystem, which includes banks and non-bank\ninstitutions.<\/p>\n
This integration enables people to transact more easily and\nseamlessly, including topping up gold savings.<\/p>\n
In line with strengthening a safe and reliable digital transaction\necosystem, PT Rintis Sejahtera also provides a fraud detection system,\nPRDS (Potential Risk Detection System), which helps Pegadaian identify\nunusual transactions that could potentially constitute fraud.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/pegadaian-assures-customers-of-adequate-supply-of-physical-gold-1772726847", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }