Indonesia: National Standard for Open Application Programming Interface (API) in Payments (SNAP)
Progress
Current status
adopted
20 Aug 2021 adopted
Scope
Implementers
Indonesia
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Bank Indonesia adopts regulation on National Standard for Open Application Programming Payment Interfaces
Bank Indonesia, the central bank of Indonesia, has adopted Regulation No. 23/15/PADG/2021 on the National Standard for Open Application Programming Payment Interfaces (SNAP). The SNAP regulation applies to payment system providers who use Open Appli…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central bank