Payment Tools and Transfer Systems

Jakarta: The development of payment instruments and the current transfer system can be said to have developed very rapidly and progressing. In the means of payment, in addition to money that is still the main payment instrument applicable in the community, there are also non-cash payment instruments.

For example, paper-based payment instruments such as checks and bilyet giro or card payment instruments (APMK), such as credit cards and ATM / debit cards are known. As for the transfer system, there has been a continuous development of the fund transfer system by Bank Indonesia, so that the BI-RTGS system and the National Clearing system are now available. For that, let’s identify the existing payment instruments and transfer system in Indonesia, to make it easier for you to transact.

Article Bank Indonesia