#payment system

Collection of payment system news, found 317 news.

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 ...

BI decides to hold its benchmark interest rate at five percent

Bank Indonesia (BI) took the decision to hold its benchmark interest rate at five percent and promised that its ...

Central Bank clears WeChat Pay for Indonesia operations

The Bank of Indonesia has finally agreed to the operations of one of China's most popular electronic payment ...

BI readies cash worth Rp105 trillion before Christmas, year-ending

Bank Indonesia (BI) has readied Rp105 trillion in cash to cater to the requirements of people across Indonesia before ...

Three vital lessons in 2019 economic journey for all: BI

Bank Indonesia (BI) Governor Perry Warjiyo opined that three vital lessons in the economic journey of 2019 can be ...

BI lowers interest rate to 5.25%

The Bank Indonesia (BI) Board of Governors agreed to lower the BI 7-day Reverse Repo Rate by 25 basis points (bps) to ...

Fintech Summit & Expo begins on Sept 23

The Financial Services Authority (OJK), Bank Indonesia and the Indonesian Fintech Association (AFTECH) will hold the ...

BI accentuates significance of policy mix in facing digital era

Bank Indonesia (BI) Governor Perry Warjiyo drew attention to the significance of policy mix in facing the rapidly ...

BI unveils QR Code Indonesian Standard in North Sumatra

The Bank Indonesia (BI) Representative Office in North Sumatra Province introduced the Quick Response Code Indonesian ...

BI signals relaxation in macro-prudential policy

To accelerate national economic growth, Bank Indonesia (BI) has signaled that it will soon relax the macro-prudential ...

IMF praises stable economic growth in Indonesia: BI

The IMF praised the stable economic growth in Indonesia coupled with macroeconomic stability. "The results of ...

Pelindo I launches "Nyebrang Yuk" application

State-owned Port Operator PT Pelabuhan Indonesia I (Pelindo I) has launched the "Nyebrang Yuk" ...

Five dead, three injured in Cipali toll road car crash

Five people lost their lives while three others incurred serious injuries after a pickup car rammed into a minivan on ...

BI to optimize electronic transactions in transportation

Bank Indonesia (BI) along with related agencies decided to optimize the use of electronic transactions in the two ...