Unfair Top-up Fees
Bank Indonesia has authorized banks to charge e-money top-up fees. Why must consumers bear the costs of banking infrastructure?
October 3, 2017
BANK Indonesias (BI) regulation on e-money top up, released two weeks ago, gives the impression that the central bank would rather put the burden of cost on consumers instead of on the banks issuing the e-money cards.
The newly issued National Payment Gateway regulation runs counter to the national non-cash drive which the central bank itself has been vigorously promoting in the past three years. BI has been promoting the efficient, practical a
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