National Payment Gateway Further Regulated

Bank Indonesia’s Board of Governors has issued Regulation No. 19/10/PADG/2017 on the National Payment Gateway (“Governors’ Regulation 19/2017”), which serves as an implementation of Bank Indonesia (“BI”) Regulation No. 19/8/PBI/2017[1] on the National Payment Gateway (“BI Regulation 19/2017”).[2]

Governors’ Regulation 19/2017 essentially sets out comprehensive details which relate to the implementation of the National Payment Gateway (“NPG”); however, due to the broad scope of this new regulation, this edition of Indonesian Legal Brief (ILB) will limit its discussion to the following matters: