#payment system

Collection of payment system news, found 315 news.

Digital transformation of payments effectual in boosting MSMEs: BI

Governor of Bank Indonesia (BI) Perry Warjiyo believes that digitalization of the payment system was effective in ...

Bank Indonesia supports digitization of banking industry

Bank Indonesia (BI) is supporting the digitization of the banking industry, which has become particularly vital amid ...

BI Governor pushes state spending for supporting MSME production

Governor of Bank Indonesia, Perry Warjiyo, has urged state budget (APBN) and regional budget (APBD) spending, ...

Around 4.5 million MSME traders using QRIS: BI

As many as 4.5 million MSME merchants are using the digital payment system standardization, or Quick Response Code ...

Digitalization pushes economy to emerge from pandemic: BI

Digitalization has become a driving force for the economy to emerge from the COVID-19 pandemic, thereby encouraging the ...

Satria satellite to boost digital economic transformation: Kominfo

Satellite of the Republic of Indonesia (Satria), scheduled to operate in 2023, will strengthen digital economic ...

WB: Data synchronization critical for Indonesia's social aid program

The Indonesian government needs to carry out data synchronization to accelerate the distribution of social assistance ...

Ministry supports tourism revival plan by applying health protocols

The Tourism and Creative Economy Ministry backs the Bali provincial government to breathe new life into the tourism ...

BI increases policy instruments to expand cashless transactions

Head of Bank Indonesia’s Bali branch Trisno Nugroho stated that the central bank had streamlined various ...

BI maintains public duty, services to mitigate COVID-19 spread

Reflecting on the latest developments in the transmission of COVID-19 in Indonesia, Bank Indonesia (BI) is coordinating ...

BI to intensify digitalization of MSME payment system

Bank Indonesia (BI) will boost digitalization of the payment system for Micro, Small and Medium Enterprises (MSMEs) ...

BI strengthens measures to stabilise rupiah

Bank Indonesia has strengthened policy coordination with the Government and other authorities to stabilise the rupiah ...

BI stresses greater cooperation to restore global conditions

Bank Indonesia (BI) highlighted the need to step up international cooperation to overcome the current global economic ...

BI lowers benchmark interest rate to 4.75%

The Bank Indonesia Board of Governors agreed on 19th and 20th February, 2019 to lower the BI 7-day Reverse Repo Rate by ...

Japan credit rating agency raises Indonesia's ranking to BBB+

Japan Credit Rating Agency, Ltd. (JCR) upgraded Indonesia’s sovereign credit rating, from BBB/positive outlook to ...