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Regulations 3 years ago

PREMIUM
Jokowi wants local governments to ditch Visa, Mastercard

President Jokowi said that the war in Ukraine with the attendant economic sanctions imposed by the United States could create problems as economic tools, including payment systems, could be used against countries perceived to have any involvement in the conflict.

Editorial 3 years ago

QRIS: The end for e-wallets?

It is safe to assume that the QRIS system, having grown over the years both in usage and features, will assume an increasingly dominant role in digital payments.

Tech 4 years ago

BRI and Tokopedia join forces to increase digital access in Indonesia

PT Bank Rakyat Indonesia (BRI), in collaboration with Tokopedia (part of GoTo Group), has launched Tokopedia Card, a new credit-card catering to payments for marketplace purchases.

Lifestyle 4 years ago

Amazon to stop accepting Visa's UK-issued credit cards

"As a result of Visa's continued high cost of payments, we regret that Amazon.co.uk will no longer accept UK-issued Visa credit cards as of 19 January, 2022," an Amazon spokesperson said in an emailed statement.

Business 4 years ago

PREMIUM
Bank Indonesia extends eased credit card rules to June 2022

The central bank has again extended its rules on credit card debt to support household spending and thereby the economic recovery.

Business 5 years ago

PREMIUM
Credit lender Kredivo expands to Vietnam

Kredivo chief operating officer Valery Crottaz said Vietnam was a "logical choice" due to its low credit card penetration rate.

Opinion 5 years ago

E-commerce: New ways of paying accelerate new ways of buying

Whether it is the purchases themselves or the payment methods used to facilitate them, digital platforms are now an integral part of the retail experience.

Business 5 years ago

Credit lender Kredivo to go public via $2.5 billion SPAC merger

FinAccel on Monday agreed to go public through a merger with a blank-check firm, valuing the parent of Indonesian buy now, pay later platform Kredivo at about US$2.5 billion, a further sign of consolidation in the fast-growing sector.