Central bank to promote e-money transaction in 2015

06 January, 2015 | Source: ANTARA NEWS

Bandung, West Java (ANTARA News) - Bank Indonesia (BI) said it will promote the electronic system of payment or e-money transactions in 2015.

"In 2014 , there was already a rising trend of e-money transactions , but the use of currencies is still dominant. Therefore, more aggressive education is needed this year," head of the West Java branch of BI Rosmaya Hadi said here on Tuesday.

Slowly but steadily non cash transactions are on the increase in West Java, Rosmaya said.

Demand for cash is still high in West Java During the Christmas and new year days the central bank branch of West Java has to provide Rp9.4 trillion cash, she said.

"Promotion of the use if e-money , BI teams up with higher educational institutes in West Java such as Unpad, IPDN and Ikopin Bandung, as well as social organizations," she added.

Meanwhile Head e-Banking of Bank Mandiri Rahmat B Triaji said payments with e-money grew such as e-payment toll for toll road fee.

"Sistem e-payment toll serves an effective education in the use of e-money. We set the target of one million transactions a month," Rahmat said.

 

US companies perceive Indonesia as a potential regional hub for conducting their business and trade, Indonesia`s Trade Minister Enggartiasto Lukita stated.
Indonesia has eyed export of liquefied natural gas (LNG) to Cambodia to meet the demand for power plants in the country, Vice President Jusuf Kalla said here on Wednesday.
Indonesian Vice President Jusuf Kalla and Cambodian Prime Minister Hun Sen held bilateral talks at the Lotus Blanc Resort, Siem Reap, Cambodia, on Wednesday morning, to discuss the development of cooperation between both nations.
Economic diplomacy has become one of the priorities of the Indonesian foreign policy by boosting the country′s economic and trade cooperation with African, Central, and South American countries, Foreign Minister Retno L. P. Marsudi stated.
Indonesia and the European Union (EU) have developed relations across a wide spectrum of areas in the space of a few years as outlined in the EU-Indonesia Partnership and Cooperation Agreement (PCA). By Yuni Arisandy
Foreign Affairs Minister Retno L. P. Marsudi has called for reduction of plastic waste by using refillable bottles and reusable straws and bags.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu