#payment system

Collection of payment system news, found 321 news.

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 ...

JakLingko prepares integrated tariff for online motorcycle taxis

Jakarta-owned public transportation enterprise PT JakLingko Indonesia, as the manager of the intermodal payment system, ...

Kominfo gradually opens access to Yahoo, Steam, DOTA

The Communication and Informatics Ministry (Kominfo) announced having gradually allowed access to international ...

BI, Reserve Bank of India strengthen collaboration on payments system

Bank Indonesia (BI) and the Reserve Bank of India (RBI) agreed to expand payments system cooperation and strengthen ...

Jalin, Bank Mandiri Taspen support national banking digitalization

State-Owned Enterprises PT Jalin Pembayaran Nusantara and PT Mandiri Taspen support digitalization of national banking ...

Payments system to be the backbone of digital economy: BI

The payments system will be the backbone of economic development and digital finance in Indonesia, senior deputy ...

News Focus

Efforts for digitizing national MSMEs

Bank of Indonesia (BI) recorded a spike in digital transaction users, reaching 21 million people in 2022, owing to a ...

Digitalization as tool to achieve inclusive economy: BI

Digitalization of the payment system is a game changer in achieving an inclusive and sustainable economy, Bank of ...

Digital sector should be bolstered to handle global crisis: Legislator

House of Representatives' (DPR's) Deputy Speaker  Muhaimin Iskandar deemed it necessary to boost the ...

Stagflation impedes economic stability: BI

The risk of stagflation would compromise economic growth and stability, according to the executive director head of the ...