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Jakarta Post

Bank BJB boosts digital payment service to increase fee-based income

  • News Desk

    The Jakarta Post

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Jakarta   /   Thu, January 30, 2020   /  03:08 pm
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Bank BJB holds an investor gathering at the Fairmont hotel ballroom in Senayan, Central Jakarta, on Jan. 29, during which the bank offered the first part of its second shelf-registration subordinated bonds to investors.(JP/Moch. Fiqih Prawira)

Publicly listed Bank BJB will boost its digitalization program through the use of QR-code payments to further increase its fee-based income. The bank’s director for information technology, treasury and international banking, Rio Lanasier, said the bank planned to use the QR-code payment technology in 3,000 traditional markets and shopping centers in West Java and Banten by end of this year. “In December 2019, we launched QR-code payment at Pasar Baru [trade center] in Bandung with more than 4,000 merchants as part of a pilot project for the use of QR Indonesian Standard [QRIS] nationwide,” Rio Lanasier told the audience at an investor gathering in Central Jakarta on Wednesday. He added that the bank had previously tested the QR payment methods, though limited to its customers’ transactions. The project will use Bank Indonesia’s (BI) QRIS sys...