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Bank Indonesia’s Role in Accelerating the Digitalization of Regional Finance and Economy

by Becky
2023-10-04
in Economic
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Jakarta – Governor of Bank Indonesia (BI), Perry Warjiyo, conveyed three roles of BI to support and accelerate the digitalization of regional finance and economy at the National Coordination Meeting for the Acceleration and Expansion of Regional Digitalization (Rakornas P2DD) in 2023 with the theme “National Synergy to Accelerate Regional Digitalization for Advanced Indonesia”, Tuesday (3/10/2023).

First, BI digitizes in the field of payments, among others through QRIS, which has reached 37 million users, most of whom are MSME merchants.

“QRIS has prospered the people, and will be more complete through the new features of cash withdrawal, transfer and cash deposit (TUNTAS), and QRIS has been connected to the Indonesian Credit Card (KKI). This will accelerate the electronification of the local government,” Perry said.

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Second, the expansion of Indonesian Credit Card services, which is inseparable from the role of governance arrangements from the Ministry of Home Affairs.

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“To support it, BI continues to mobilize with banks and Payment Service Providers. KKI is not only without usage fees, but has a very affordable interest rate for merchants,” Perry said.

Third, with the concept of one country, one nation and one language, BI is carrying out end-to-end digitization which includes KKI, QRIS and fast payment which will be connected to the National Payment Gateway (GPN), so that various payment channels will be facilitated faster in real time.

“In the second quarter of 2023, digitalization in banking services has reached Rp14 thousand trillion, while electronic money transactions reached Rp111 trillion. Let us continue to work together to increase digitalization towards advanced Indonesia,” Perry concluded.

As a form of evaluation and appreciation of the performance of the Regional Government, the TP2DD Championship has been held, with a level playing field increasingly converging in 5 regions namely Sumatra, Java Bali, Kalimantan, Sulawesi, and Nusa Tenggara, Maluku, & Papua. There are three award categories, namely Best TP2DD, Best Featured Program, and Best BPD in supporting ETPD.

The winning province in the best TP2DD category is Riau in the Sumatra region, DKI Jakarta in the Java-Bali region, West Kalimantan in the Kalimantan region, South Sulawesi in the Sulawesi region, and West Papua in the Nusa Tenggara, Maluku, and Papua region. While the winning city in the best City TP2DD category, for the Sumatra region is Tebing Tinggi, the Java-Bali region is Bogor, the Kalimantan region is given to Tarakan City, the Sulawesi region is given to Makassar City, and the Nusa Tenggara, Maluku and Papua region is Jayapura City.

The winner of the best TP2DD District category in the Sumatra region is Kampar, the Java-Bali region is Ciamis, the Kalimantan region is Kutai Kartanegara, the Sulawesi region is Bone Balango District, and the Nusa Tenggara, Maluku and Papua region is Manokwari District. In the category of the best P2DD flagship program, awards were given to “South Sulawesi in Your Hand Program” from South Sulawesi Province, “Sombere and Smart City Program” from Makassar City, and “Online Tax System Build Sleeping Pay Tax – Si Pajol Batijak Program” from Kutai Kartanegara Regency. Furthermore, the best Regional General Cash Account (RKUD) management bank award in supporting ETPD was given to BPD DKI (PT. Bank DKI). (InfoPublik)

Tags: Bank IndonesiaPerry Warjiyo
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