BI Reminds Prohibition of Double Non-Cash Transaction
By : Herry Barus And Aldo Bella Putra | Saturday, September 09 2017 - 20:00 IWST

Bank Indonesia
INDUSTRY.co.id - Denpasar - The Bali Provincial Representative Office of Bali Province reminded traders regarding the ban on double-cut non-cash transaction to prevent data theft and card information.
"In every card transaction may only be swiped once in the machine 'Electronic Data Capture' (EDC) and not done other scraping included in the cash register," said Head of Representative of Bank Indonesia Province Bali Causa Iman Karana in Denpasar, Saturday (09/09/2017).
Causa expects people to contribute to avoiding the practice of double bending by maintaining caution in non-cash transactions and not allowing traders to double-cut.
If the public is aware of or experiencing double-cut practices, he appealed to report to Bank Indonesia "Contact Center" 131 stating the name of the merchant and the name of the management bank that can be seen on the EDC machine sticker.
Bank Indonesia, Causa continued, has previously issued a regulation on non-cash card double scraping, namely Bank Indonesia Regulation Number 18/40 / PBI / 2016 on the Implementation of Payment Transaction Processing.
In Article 34 (b), the central bank prohibits payment system operators from misusing customer data and information as well as data and information on payment transactions other than for the purpose of payment processing transactions, including the prohibition of data collection through cash register machines at traders.
In a written announcement, the Communication Department of Bank Indonesia also states that one of the parties in the processing of payment transaction is the "acquirer", ie the bank or institution cooperating with the trader who can process the payment instrument data using the card issued by other parties.
To support the protection of community data, the "acquirer" is obliged to ensure the merchant's compliance with the double bailing ban.
The "Acquirer" is also expected to take decisive action by stopping cooperation with merchants who are still practicing double bumps.
In the interest of reconciling payment transactions, traders and acquirers are expected to use other methods that do not involve double-swipe or double swipe.
Read Also
Increase in New Loan Disbursement Drives Growth in KB Bukopin's Interest…
PermataBank Holds Annual General Meeting of Shareholders 2023 and…
The Importance Of Cashflow Considerations In The Supply Chain
Fully Supported by KB Financial Group- South Korea, Bank Bukopin…
Index Launch: Remittances Play a Powerful Role in Consumers’ Financial…
Today's Industry

Selasa, 26 September 2023 - 07:45 WIB
ESSA Secures Gas Contract Extension for LPG Refinery
PT Surya Esa Perkasa Tbk. (ESSA: IJ), a publicly listed company engaged in the Energy and Chemical sectors through its LPG (Liquefied Petroleum Gas) refinery and Ammonia plant today (22/9) announced…

Selasa, 26 September 2023 - 06:45 WIB
ALDO Strengthens PT Eco Paper’s Business of Recycled Brown Paper Production
PT Alkindo Naratama Tbk (ALDO), a listed company engaged in the integrated paper and chemical business, plans to inject additional working capital of around IDR 40 billion into its subsidiary…

Sabtu, 23 September 2023 - 11:33 WIB
Growing Above Industrial Average, CLEO Strives for Innovation
Producer of bottled drinking water with the brand "CLEO", PT Sariguna Primatirta Tbk (Tanobel Group) targets its sales in 2023 to grow above the average of the bottled drinking water (AMDK)…

Kamis, 14 September 2023 - 15:15 WIB
INOV Poised to Absorb PET Recycling Market Potential
The prospects of PT Inocycle Technology Group Tbk ("INOV") a public company in the field of recycling plastic (PET) bottle waste into Recycled Polyester Staple Fiber (Re-PSF), looks bright for…

Senin, 11 September 2023 - 09:07 WIB
Indonesian Cuisine, Cultural Performances Enliven Gala Dinner of 43rd ASEAN Summit
President Joko “Jokowi” Widodo and First Lady Iriana Jokowi hosted a gala dinner for leaders of ASEAN member states, partners, and international organizations at Hutan Kota restaurant in…
News Comment