BRI Targets 14 Million Chip Debit Cards

By : Herry Barus And Aldo Bella Putra | Thursday, May 03 2018 - 17:00 IWST

Direktur Utama BRI Suprajarto (Foto ist)
Direktur Utama BRI Suprajarto (Foto ist)

INDUSTRY.co.id - Jakarta - PT Bank Rakyat Indonesia (Persero) Tbk targets about 14 million debit cards using chip technology from the total of 52 million BRI debit cards this year.

Director of Digital Banking and Information Technology BRI Indra Utoyo said the migration of debit cards with 'magnetic stripe' technology to 'chip' is part of the effort to suppress customer data theft or skimming.

"Card replacement will be done in marathon because BRI is a big customer, if 30 percent is about 14 million. If the remaining eight months, this will be strictly repayed from time to time in order to be good and effective," said Indra, during a press conference in Jakarta, Thursday (3/5/2018).

Regarding the migration to chip-based cards, President Director of BRI Suprajarto said the migration process is currently constrained by the limited capacity of the company that can serve printing chip cards in large quantities.

"The number of our clients is huge, there are 70 million customers, compared to other banks, not as fast as our customers, the companies that can serve are also limited, Peruri, PNRI, but all the banks now ask and their capacity is not can quickly raise production to tens of millions, "said Suprajarto.

In addition to card migration, to prevent skimming and other banking crimes, BRI also undertakes other preventive measures such as using BIG data to view transaction anomalies so that transactions can be prevented from the outset.

BRI also collaborates with various parties such as law enforcement, Bank Indonesia, the Financial Services Authority, and other banks to prevent cyber crime in line with the increasingly sophisticated and growing information technology today.

"Finally, we also socialize to customers how to conduct safe transactions in various banking transaction activities," said Indra.

Bank Indonesia does require the use of chip technology on debit cards. In addition, the central bank also requires the implementation of a six-digit PIN to make transactions with debit cards safer.

The provision must be implemented for magnetic stripe tech card no later than June 30, 2017, while the chip-chip card is implemented at the latest on December 31, 2021.

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…