English New Regulation on Payment System no. 22/23/PBI/2020 by Central Bank of Indonesia

  • Adrian Hidayat
Keywords: Keywords: New Regulation on Payment System, Digital Payment, Digital Banking

Abstract

This current Pandemic situation makes all the usual business become upnormal, including in the Banking System in Indonesia. Since a few years ago, due to Digital Economy makes changes in every economic sector all over the world including in Indonesia.

Digitalization changes peoples how to buy and how to pay in the digital market, and therefore the government has to build the payment regulation according to the risk appetite, and control it for good for the both sides sellers and buyers.

This new regulation will be launched effectively on July, 2021.

New Regulation on Payment System by Central Bank of Indonesia, this will be the study on this journal.

References

Central Bank of Indonesia Publication. (February 19, 2021 No.23/46/DKom). Ribuan Milenial Siap Dukung BI Gerakkan Ekonomi Digital.

Committee on Digital Payments. Medium Term Recommendations, To Strengthen Digital Payments Ecosystem, Report December 2016. Constituted by Ministry of Finance, Government of India.

Digital Banking Transformation For Sustainable Business, 2017.

Kompas Advertorial, BI Menata Industri Sistem Pembayaran Indonesia, January 2021.

Peitz, Martin & Waldfogel, Joel. The Oxford Handbook of Digital Economy, Oxford University Press, August 2012.

Rea, Peter, and Kerzner, Harold. Strategic Planning: A Practical Guide (New York: John Wiley & Sons, Inc., 1997), 35.

Skinner, Chris. Digital Bank: Strategies to Launch or Become a Digital Bank, Marshall Cavendish. 2014, 20.

Thompson, Rosemary A. Crisis intervention and crisis management : strategies that work in schools and communities / Rosemary A. Thompson. 2004. Brunner-Routledge 29 West 35th Street New York, NY 10001
Meier, Jane Jordan. The Four Stages of Highly Effective Crisis Management: How to Manage the Media in the Digital Age. 2011. Taylor and Francis Group, LLC CRC Press is an imprint of Taylor & Francis Group, an Informa business.
Published
2020-08-31
How to Cite
Hidayat, A. (2020). English New Regulation on Payment System no. 22/23/PBI/2020 by Central Bank of Indonesia. ECo-Buss, 3(1), 1-6. https://doi.org/10.32877/eb.v3i1.179
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