The Bank of Indonesia release new emoney issuer
Indonesia’s emoney adoption rate is growing well, from just IDR 5 billion (US$418,000) transacted in 2007 to IDR 30 trillion (US$2.5 billion) in 2013. Today, about IDR 7.7 billion (US$643,000) is circulated on a daily basis using emoney tools in Indonesia like ewallets and prepaid cards. The Bank of Indonesia defines electronic money as the …