Overview

Over the last six years, the annual development rate within Indonesia’s digital sector has been a steady 9.98% - 10% and encompasses e-commerce, Fintech, logistics and big data.[1] This growth was predicted back in 2012 when the Indonesian Government issued Regulation of the Government No. 82 of 2012 on the Organization of Electronic Systems and Transactions (“Regulation 82/2012”). Regulation 82/2012 established a set of guidelines and procedures for the implementation of electronic transactions within Indonesia, as organized by Electronic Systems Providers (“ESP”).[2]