#payment system

Collection of payment system news, found 315 news.

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 ...

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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 ...

QRIS full integration in Thailand begins today: Bank Indonesia

Indonesia's integrated QR code payment system QRIS (Quick Response Code Indonesian Standard) has been fully ...

Some 77 banks have officially become participants in BI-Fast: BI

Bank Indonesia (BI) confirmed that with 25 banks joining the fourth batch of BI-FAST, the number of participants ...

Ministry pushes account-based ticketing system for public transport

The Transportation Ministry is pursuing an account-based ticketing (ABT) system, which will employ an electronic ...

ASEAN can set good example for cross-border transactions: BI

Governor of Bank Indonesia (BI) Perry Warjiyo has said that five ASEAN countries could set a good example for ...

BI developing Digital ID for platform data storage

Bank Indonesia (BI) is developing a Digital ID to support national data storage for its digital platform, which is one ...

Over 22 million MSMEs use QRIS: BI Governor

More than 22 million micro, small, and medium-scale enterprises (MSMEs) have connected to the digital ecosystem through ...

Digital banking transactions up 27.82% in July: BI

The value of digital banking transactions increased 27.82 percent year on year (yoy) in July 2022 to reach Rp4,359.7 ...

VP highlights sharia insurance industry's challenges, opportunities

Vice President Ma'ruf Amin highlighted future challenges and opportunities of the national sharia insurance ...