Announcement
22 Jun 2017
On 22 June 2017, the Bank of Indonesia announced regulation 19/8/2017 regarding the National Payment Gateway.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
22 Jun 2017
Revocation date:
No revocation date
Announced: 22 Jun 2017
Local operations requirement
In force
Furthermore, article 12(2)b of the Bank of Indonesia regulation 19/8/2017 states that these Switching institutions have to possess the required equipment in Indonesia and have previously operated in t...
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Announced: 22 Jun 2017
FDI: Entry and ownership rule
In force
The regulation of the National Payment Gateway now allows three types of institutions to process domestic electronic transactions: standardization institutions, switching institutions, and service ins...
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