Welcoming the New Domestic Credit Card
Monday, April 10, 2023
Domestic credit card could promote the independence of the national payment system. There must be no loss of opportunity for competition from foreign providers.
The plan by Bank Indonesia to issue a domestic credit card deserves support as part of the independence and efficiency of the payment system. However, in order to ensure that the people have many choices and that there is healthy business competition, consumers must not be forced to use them through a sole mechanism.
Domestic credit cards are a continuation of the National Payment Gateway (GPN), a payment system connecting noncash transactions w
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