BTN Spreads Distribute 400 Thousand GPN Cards
By : Herry Barus And Aldo Bella Putra | Tuesday, April 17 2018 - 23:47 IWST

Bank Indonesia
INDUSTRY.co.id - Jakarta- Limited Liability Company State Savings Bank Persero Tbk targets to issue 400 thousand National Payment Gate debit cards by the end of 2018.
BTN Consumer Banking Director Budi Satria in Jakarta, Tuesday (17/4/2018) said there are four advantages for customers when using the National Payment Gate debit card (GPN).
First, customer data security because all stages of data processing transactions conducted in the domestic payment system, unlike before GPN, when the process of payment transactions using foreign principal services.
"Secondly, the cost of Merchant Discount Rate (MDR) is more competitive, as BI imposes a Debit Card Price Scheme, at a rate charged to merchants by a bank of one percent, by providing specific MDRs for certain transactions, including MDR zero percent for government-related transactions , "he said.
MDR is a commission charged by a store / intermediary to a bank for having used the services or infrastructure of a payment system such as an electronic data recorder (EDC).
The third benefit is the concept of GPN that interconnectivity and also interoperability so that customers can use GPN debit card from any EDC bank, as long as it is used domestically. Understandably, the GPN debit card can not be used overseas.
"Debit cards with the current GPN logo can be owned by applying directly to the branch office For new customers opening accounts, BTN offers GPN card as the main card to conduct transactions in the country," said Budi.
Currently, Budi claims that BTN is connected with four switching companies to the payment system or is in compliance with GPN Regulation of the Central Bank requiring banks to be intertwined with at least two "Switching" companies.
"The GPN debit card is also expected to support the smoothness of government programs such as in the channeling of non-cash social assistance, toll road electronics and public transportation, inclusive finance and the development of an electronic national-based trading system," Budi explained.
Bank Indonesia plans to launch simultaneously a GPN debit card involving all banks in Indonesia on May 3, 2018.
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

Rabu, 21 Mei 2025 - 10:09 WIB
Indonesia, Thailand Sign MoU on Health Sector, Focusing on Global Capacity, Collaboration
As a part of President Prabowo Subianto’s official visit to Thailand, both countries signed a Memorandum of Understanding (MoU) on health sector, in an effort to strengthen bilateral cooperation…

Rabu, 21 Mei 2025 - 10:06 WIB
Indonesia, Thailand Deepen Cooperation on Security, Trade, and Regional Stability
resident Prabowo Subianto has reaffirmed Indonesia’s strong commitment to deepening bilateral relations with Thailand during the meeting with Thailand’s Prime Minister Paetongtarn Shinawatra…

Selasa, 20 Mei 2025 - 12:44 WIB
Boediman Widjaja's Technology Ready to be Adopted in Jababeka Industrial Estate (KIJA)
In an exclusive seminar entitled "A Great Step: Boediman Widjaja Story - Going from Indonesia, Thriving in Singapore" held at the President Lounge, Menara Batavia, Boediman Widjaja, Founder…

Jumat, 02 Mei 2025 - 10:46 WIB
Binawan and Government Support Indonesian Nurses in Europe through Scholarships
In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…

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…
News Comment