#payment system

Collection of payment system news, found 326 news.

BI increases QRIS transaction limit to Rp20 million

Bank Indonesia (BI) has increased the transaction limit for the Quick Response Code Indonesian Standard (QRIS) from ...

Management of Surabaya flats to be conducted professionally: Official

The Surabaya municipal public housing, dwellings, and land office (DPRKPP) unveiled the plan to establish a ...

Cyber security, metaverse, fintech are future businesses: Uno

Three businesses would be in high demand in future namely cyber security, metaverse, and payment systems and ...

Number of BI-FAST participants up 22: central bank

Bank Indonesia (BI) has informed that the number of participants in BI-FAST, its payment system infrastructure, has ...

BI projects economy to grow at swifter pace in 2022

Bank Indonesia (BI) believes the national economy will grow at a faster pace this year as compared to that in ...

Bank Indonesia, Monetary Authority of Singapore expand cooperation

Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have agreed to strengthen cooperation on central ...

G20 Indonesia

Intellectual property advancements align with G20 theme: Minister

Law and Human Rights Minister Yasonna H. Laoly affirmed that advancements in the country's intellectual property ...

BPJT targets commencing open road tolling adoption by December 2022

The Ministry of Public Works and Public Housing, through the Indonesia Toll Road Authority (BPJT), targeted the gradual ...

Year Ender 2021

Digital transformation helping MSMEs navigate COVID crisis

The COVID-19 pandemic caused major disruptions in the global economy, particularly at the beginning of the outbreak, ...

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 ...