Digital Week 2020 - Enabling E-payments in Indonesia through Shared Infrastructure
Time & Location
About the Event
- Agung Purwoko, Principal Economist of Payment System Policy Department Bank Indonesia
- Adama Diallo, Head of Partnerships for Next Billion Users Africa of Google & Board Founding Member of Mojaloop Foundation
About this session
Digital payments have been driving much of the digital economy growth and financial inclusion in Indonesia. However, the payment ecosystem remains lacking a shared financial infrastructure that will allow interoperability between different payment system providers and drive more adoption and innovation to merchants and consumers. In light of this, Bank Indonesia has developed Indonesia Payment System Blueprint 2025 and standardization of QR codes for e-payments. More work and collaboration need to be done to achieve the intended vision. The session will discuss the challenges and opportunities to further drive digital payments innovation in Indonesia.