Indonesia: Standardized Regulation of Payment Systems in Indonesia
Progress
Current status
adopted
13 Aug 2021 adopted
Scope
Implementers
Indonesia
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Adopted Regulation on National Payment System Standard
On 13 August 2021, Bank Indonesia, the central bank of Indonesia, adopted Regulation No. 23/11/PBI/2021 on the National Payment System Standard, which is part of the Payment System Blueprint 2025 which aims, among other things, to digitalise the pay…
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
central bank