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Economy in brief: Google accepts rupiah for paid ads
Google Indonesia has enabled its clients to pay for advertisements in rupiah to assist those with Indonesian billing addresses
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Google Indonesia has enabled its clients to pay for advertisements in rupiah to assist those with Indonesian billing addresses.
“We have changed our policy to automatically charge our clients with Indonesian billing addresses in rupiah instead of US dollar,” Google Indonesia managing director Randy Jusuf said on Friday, adding that Google’s team would bill its clients themselves as part of its effort to provide a better service.
Communications manager Jason Tedjasukmana added that the new billing policy would be applicable to all kinds of advertisements on the platform, including on YouTube. He said the company had effectively implemented its new policy this year following requests from its clients.
Communications and Information Minister Rudiantara lauded Google Indonesia’s efforts to charge people in rupiah as it would make it easier for local advertisers as they would not have to convert their payments into another currency.
Bank Indonesia has promoted the use of rupiah for transactions in Indonesia since 2015 to help stabilize the exchange rate of the local currency.
