BI Encourages Non-Cash Optimization Business Bank
By : Herry Barus And Aldo Bella Putra | Tuesday, April 03 2018 - 15:00 IWST

Bank Indonesia
INDUSTRY.co.id - Denpasar - Representative Office of Bank Indonesia Bali Province encourages banks and business actors in the local area to optimize the use of non-cash transactions because nationally most of the turnover is still in cash.
"From the business side, 78 percent of them do not yet have cash handling, mostly cash transactions," said the Head of the Division of Rupiah Payment System and Money Management, Bank Indonesia Service and Administration Teguh Setiadi in the socialization of non-national national movement in Denpasar, Tuesday (3/4/2018)
According to him, the results are obtained from a survey conducted by BI Central to the business world throughout Indonesia.
As for in Bali, Teguh added that the use of electronic money for transactions is also still not optimal.
One of them is caused by the ceiling or bank balance given to "merchant" or shop that is cooperated is considered limited so that the sale and refill of electronic money is not optimal.
"While 'merchant' is also less to encourage the use of electronic money for transactions to consumers when there is already a transaction machine," he said.
To that end, it continues to socialize non-cash transactions, especially using electronic money in stores so it is expected to become a culture for the people to get used to using non-cash transactions.
Currently, he added, the utilization of non-cash transactions with 100 percent electronic money can only be applied in the Mandara Bali toll.
However, there are still some users of toll services that do not have electronic money, including the balance is less.
To that end, banks and toll operators have set up a unit of refill outlets and electronic money purchases with services without dropping from vehicles or "drive thru" at the toll road intersections precisely on the road to Benoa Harbor. (Ant)
Read Also
FAB to Provide Over AED500 Billion (USD135 Billion) in Green Finance…
CTBC Supports Taiwanese Employees to Go Overseas
Rakuten Card’s Systems Development Subsidiary in Vietnam Relocates…
Increase in New Loan Disbursement Drives Growth in KB Bukopin's Interest…
PermataBank Holds Annual General Meeting of Shareholders 2023 and…
Today's Industry

Jumat, 28 Maret 2025 - 22:21 WIB
SUNeVision Initiates MEGA IDC Phase Two Development
SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

Jumat, 28 Maret 2025 - 22:07 WIB
TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary
PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Jumat, 28 Maret 2025 - 22:00 WIB
Wireless Logic Selected By Thales As IoT Connectivity Partner
Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Jumat, 28 Maret 2025 - 21:53 WIB
Microvista Expands International Presence with Mobile CT System ScanExpress
The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…

Jumat, 28 Maret 2025 - 21:44 WIB
Turning Loss into Profit, INOV Optimistic in Maintaining Positive Performance this Year
PT Inocycle Technology Group Tbk (INOV:IJ) Indonesia's leading and largest PET waste recycling Company managed to book sales of IDR 629 Billion in 2024, an increase of 4.8% compared to the previous…
News Comment