| Issue Number : 4051

BI Finally Issues Provisions on Indonesia Payment Systems

As a follow up to the various initiatives that were originally enacted under the 2025 Indonesian Payment System Blueprint,[1] Bank Indonesia (“BI”) now has issued Regulation No. 22/23/PBI/2020 on Payment Systems (“Regulation 23/2020”), which has been primarily designed in order to restructure Indonesia’s Payment System (Sistem Pembayaran – “SP”) industry while maintaining the development of the SP Industry in line with developments in SP digitalization and innovation.[2]

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As a follow up to the various initiatives that were originally enacted under the 2025 Indonesian Payment System Blueprint,[1] Bank Indonesia (“BI”) now has issued Regulation No. 22/23/PBI/2020 on Payment Systems (“Regulation 23/2020”), which has been primarily designed in order to restructure Indonesia’s Payment System (Sistem Pembayaran – “SP”) industry while maintaining the development of the SP Industry in line with developments in SP digitalization and innovation.[2]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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