Jakarta, CNBC Indonesia – Digital transformation has an impact on changing people’s transaction patterns, from using cash to digital transactions. This is reflected in the increase in digital transactions in the country to IDR 15 thousand trillion and growing 12% in the third quarter of 2023.
Of this amount, digital transactions using the Quick Response Code Indonesian Standard (QRIS) were recorded to have increased by 87%. President Director of PT Jalin Payment Nusantara Ario Tejo Bayu Aji said this latest trend has also brought about changes in the financial industry.
“For us, it is actually in line, because in the future we will become a national digital highway. We want to connect people who have entered the financial and non-financial ecosystem, so that we can help accelerate digital payments,” said Ario at the Road to CNBC Indonesia Awards ‘Best Financial Services’ , Monday (20/11/2023).
According to him, this latest digital trend provides challenges and opportunities for Indonesian financial services players. The reason is, this phenomenon makes the payment system increasingly dynamic and must transform.
He gave the example that with the presence of BI-FAST, Jalin has adapted and innovated so that it can maintain its services. These latest developments require the financial services industry to continue to improve services so that they remain safe, reliable and affordable.
Ario said, Jalin continues to increase infrastructure capacity and financial solutions. His party has also accommodated the increasing demand for QRIS transactions and launched digital transformation.
“We are expanding collaboration and following Bank Indonesia’s development plans regarding payment system products that comply with Bank Indonesia’s architecture,” he concluded.
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