JAKARTA, Jakartaweekly.com—Kartu Kredit Indonesia (KKI) is one of the latest payment system alternatives introduced by Bank Indonesia (BI). Following its launch, several banks designated by BI immediately began issuing credit cards bearing the KKI logo. So, what exactly is the difference between credit cards bearing the KKI, Visa, and Mastercard logos? BI explained that the […]
JAKARTA, Jakartaweekly.com — The launch of Kartu Kredit Indonesia (KKI), Indonesia’s domestic credit card scheme, is seen as having the potential to strengthen the country’s independence in its domestic payment system. However, the success of the domestic payment instrument will depend largely on the economic benefits it offers to consumers and businesses. Permata Bank Chief […]
JAKARTA, Jakartaweekly.com — Jakarta Governor Pramono Anung wants contactless credit card payments, or EMV Contactless, to be expanded beyond MRT Jakarta to include LRT Jakarta, Transjakarta, Transjabodetabek, and the government-built LRT network. The Jakarta governor officially launched the EMV Contactless ticket payment system for MRT Jakarta at Bundaran HI Station in Central Jakarta on Wednesday, […]
