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Bank Indonesia continues to accelerate national economic and financial digitalisation by developing real-time retail payment system infrastructure (BI-FAST) that is available 24/7, while also standardising Open Application Programming Interface (Open API) payments for industry players.
Indonesia Payment Systems Blueprint 2025 presents the orientation of payment system policy at Bank Indonesia in order to navigate the payment system industry in the era of the digital economy and finance.
19 Αυγ 2021 · Bank Indonesia has launched the National Open API Payment Standard (SNAP) as well as sandbox trials of Quick Response Code Indonesia Standard (QRIS) and Thai QR Payment interconnectivity.
3 Φεβ 2021 · Bank Indonesia has issued BI Regulation No. 22/23/PBI/2020 on Payment System (Indonesian language). This is an overarching regulation that seeks to implement a major overhaul of the payment licensing framework in Indonesia, pursuant to the digital economy framework outlined in the 2025 Indonesia Payment System Blueprint.
29 Σεπ 2021 · In line with the Central Bank of Indonesia ("BI")'s objective in creating a safe, reliable, innovative, and integrated national payment system, BI recently issued a new framework of BI Regulation...
In connection with the Indonesia's payment system reformation as outlined by Central Bank of Indonesia ("BI") on its Payment System Blueprint 2025, BI has issued three new regulations which applicable to (i) Payment Service Operators/Penyelenggara Jasa Pembayaran ("PJP") and, (ii) Payment System Infrastructure Operators/ Penyelenggara ...
23 Δεκ 2021 · BI-FAST is a new app-based payment system that facilitates retail payment services for the public. In his opening remarks, BI Governor Perry Warjiyo said BI-FAST was part of the 2025...