Indonesia Transitioning Away From Visa And Mastercard Introducing New Payment System
Indonesia recently made headlines when
The Indonesian government encourages the use of GPN to replace
Indonesia recently made headlines when its President, Joko Widodo, announced that the country would gradually phase out the use of Visa and Mastercard, in
Bank of Indonesia Officially Launches New National Card Payment
Indonesia Introducing New Payment System
Indonesia launches national payment system to replace VISA
Why is Indonesia Phasing Out Visa & Mastercard? - LinkedIn
The Bank of Indonesia announced
The Bank of Indonesia announced that the country will introduce a new national payment system which is set to replace VISA and MasterCard in state-owned
The outlet reported that that the new system will be based on the nation’s interbank system, and be called Gerbang Pembayaran Nasional (GPN) or the National
President Jokowi made a decision to issue domestic credit cards on April 2025. The establishment of GPN presents an option to use a payment method without
Prior to the GPN
Recognizing the transformative potential of digitalization, Bank Indonesia introduced the Indonesia Payment System Blueprint 2025 (IPS 2025) as a roadmap to
Indonesia's Digital Payment System Is Not Just A Tool But A - VOI
Prior to the GPN, about 90 percent of card transactions in Indonesia were controlled by international networks such as Visa and Mastercard, with high switching costs
Indonesia Payment System Blueprint 2025: Accelerating Economic