#payment system

Collection of payment system news, found 323 news.

Follow up energy transition cooperation at G20 Summit: Minister

Finance Minister Sri Mulyani highlighted that the energy transition cooperation, worth US$20 billion, announced at the ...

BI raises key rate by 50 bps to 5.25 percent

Bank Indonesia (BI) decided on Thursday to raise its key interest rate by 50 basis points to 5.25 percent, from 4.75 ...

G20 Indonesia

Jokowi supports payment connectivity in ASEAN to enter global level

President Joko Widodo (Jokowi) expressed support for cross-border payment connectivity in the ASEAN region to be ...

Jakarta limits audience capacity at music concerts to 70 percent

The Jakarta Tourism and Creative Economy Office has capped the audience capacity at music concerts to 70 percent for ...

PPSK bill to preserve BI, OJK, LPS independence, assures govt

The independence of Bank Indonesia (BI), the Financial Services Authority (OJK), and the Deposit Insurance Corporation ...

RI gets first FCPF payment for cutting emissions in E Kalimantan

Indonesia has received the first payment of US$20.9 million (Rp320 billion) under the World Bank’s Forest Carbon ...

G20 Indonesia

G20 collaboration to help restore global economy: BI

Collaboration among G20 countries in formulating policies is expected to play a role in global economic recovery amid ...

Immigration to adopt electronic visa on arrival soon

The Law and Human Rights Ministry will immediately adopt electronic visa on arrival (eVoA). "Immigration has ...

BPJS Kesehatan carries out trial on new payment scheme in Serang

The state-run Healthcare and Social Security Agency (BPJS Kesehatan) and the Indonesian Health Ministry has piloted a ...

News Focus

Indonesia strives to expand coverage of digitalization of MSMEs

Indonesia has over 65 million micro, small, and medium enterprises (MSMEs) capable of producing competitive products, ...

BI-FAST transfer fee may dip below Rp2,500 in future: BI

The transfer fee charged by Bank Indonesia's retail payment system infrastructure, BI-FAST, could potentially fall ...

BI-FAST transactions valued at Rp810.4 trillion: BI

Bank Indonesia (BI) revealed that 224.8 million BI-FAST transactions, valued at Rp810.4 trillion (US$55 billion), were ...

Indonesia, Singapore agree to link QR code payments

Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have agreed to initiate cooperation on cross-border ...

Digital finance economy acceleration in line with G20 Presidency: BI

The acceleration of the digital economy and finance as well as the strengthening of cooperation by Indonesia in ...

QRIS' interconnectedness must facilitate MSMEs, tourism sector: Jokowi

President Joko Widodo (Jokowi) emphasized that the Quick Response Code Indonesia Standard (QRIS) service connecting ...