#payment system

Collection of payment system news, found 317 news.

Bank Indonesia officially unveils BI-Fast

Bank Indonesia (BI), on Tuesday, officially unveiled a retail payment system infrastructure called BI-Fast that is ...

Jokowi lauds SOE Minister for Merah Putih Fund

President Joko Widodo (Jokowi) has praised State-Owned Enterprises Minister Erick Thohir for the idea of establishing ...

Pandemic leaves complex challenges: Bank Indonesia's Governor

The COVID-19 pandemic that has protracted for almost two years worldwide has thrown various complex challenges at ...

E-commerce transaction value to reach Rp530 trillion in 2022: BI

Indonesia's e-commerce transaction value is projected to reach Rp530 trillion (around US$37.1 billion) in 2022 and ...

13 million MSMEs using QRIS: Bank Indonesia

The number of micro, small, and medium enterprises (MSMEs) adopting the Quick Response Indonesia Standard (QRIS) in the ...

BI launches digital payments at W Papua traditional market

The Bank Indonesia (BI) Representative Office in West Papua launched the SIAP QRIS (Healthy, Innovative, and Safe to be ...

QRIS merchant count in Bali tops target: BI

The number of merchants adopting the Quick Response Code Indonesian Standard (QRIS) reached 363,555 as of November 5, ...

News Focus

A roadmap for digital banking transformation

Bank Indonesia recorded that the value of digital banking transactions reached Rp3,468.4 trillion in August 2021, or ...

12 million merchants using QRIS: Bank Indonesia

The number of merchants utilizing the Quick Response Code Indonesian Standard (QRIS) has reached 12 million as of early ...

Financial digitalization is crucial factor in economic recovery: BI

Bank Indonesia (BI) Governor Perry Warjiyo deemed financial digitalization as an important factor to drive national ...

Tax collection in Indonesia can be twofold higher: OnlinePajak

The amount of tax collected in Indonesia can be two times higher than the current tax revenue accrued, Founder and ...

Digitalization can strengthen competitiveness of sharia economy: KNEKS

The development and strengthening of economic digitization can help the sharia ecosystem to increase competitiveness ...

Fintech development points to nation's digital acceleration: official

The swift development of financial technology (fintech) has indicated that the acceleration of digital transformation ...

JakLingko app can be downloaded from Jan 2022: official

PT JakLingko Indonesia, Jakarta's regional-owned public transportation company, has said it is targeting to make ...

BRI offers new digital transaction experience through QRIS merchants

State-run Bank Rakyat Indonesia (BRI) has said it is offering a new digital payments experience through its one ...