Cash Flying Overseas
Tuesday, March 15, 2016
Will the five credit card principals recognized by Bank Indonesia headquartered overseas, hundreds of trillions of rupiah in credit card payments are sent abroad every year. In addition to reaping profits, these five banks also receive data on Indonesian consumers' behavior. Bank Indonesia is currently working on a payment system to keep the money and the data in Indonesia.
Will the five credit card principals recognized by Bank Indonesia headquartered overseas, hundreds of trillions of rupiah in credit card payments are sent abroad every year. In addition to reaping profits, these five banks also receive data on Indonesian consumers' behavior. Bank Indonesia is currently working on a payment system to keep the money and the data in Indonesia.
Card Payment Tools TypeTotal (Millions)
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