#payment system

Collection of payment system news, found 319 news.

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 ...

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 ...