BRI And INDODAX Collaboration: Gate Towards Advanced Financial Literacy

JAKARTA - PT Bank Rakyat Indonesia (Persero) Tbk (BRI) together with INDODAX officially launched BRI X INDODAX co-branding debit card. The collaboration of these two market leaders is a strategic step to strengthen digital transformation and expand access to modern financial services.

Through this program, BRI as one of the banks with the highest number of accounts in Indonesia with more than 221 million savings accounts and as the number one best bank in Indonesia according to The Banker 2025, further strengthens its commitment to providing financial solutions that are relevant to all levels of society.

With this collaboration, INDODAX customers who open an account at BRI will get a special debit card with various superior features. Among other things, free transfer fees between real-time banks, multi-currency access to 12 currencies, as well as various benefits in the form of discounts and cashbacks of up to Rp. 125,000 for top-up wallets and daily transactions.

INDODAX CEO William Sutanto stressed that this collaboration will open up great opportunities for the public to benefit from the synergy between the two largest companies in their respective industries in Indonesia.

"With BRI's extensive network to remote areas of the country, we see the opportunity to introduce digital financial services to more people. This debit card is not only a transaction tool, but also a gateway to more advanced financial literacy, where people can get to know digital and crypto services gradually," he said, in a written statement, Friday, August 29.

Not only that, but customers who join will receive additional protection in the form of accident insurance up to 250 percent from account balances, as well as access to BRI loyalty programs. The activation process is carried out seamlessly, starting from opening accounts with special flagging, data integration to INDODAX, to issuing token rewards.

This strategic collaboration is also reinforced by the presence of BRI and INDODAX as co-hosts at Coinfest Asia 2025 in Bali, which is the main event of the blockchain, startup and digital Enthusiasts community in Asia.

Touching on this participation, William added, Coinfest Asia is an important momentum to show how collaboration between banks and crypto can have a real impact.

"We want to show the international community that Indonesia is ready to become one of the main players in digital financial adoption," he said.

This program is projected to create potential third party funds (CASA) as well as new fees, as well as expand penetration of financial inclusion in Indonesia through digital channels.

For INDODAX, this synergy is not only a matter of products, but a matter of building an ecosystem. We want to invite the younger generation of Indonesia to be more confident in using digital services that are safe and integrated. Together with BRI, we believe this step will strengthen Indonesia's digital economy foundation in the future," concluded William.

The same thing was said by BRI's Network & Retail Funding Director, Aquarius Rudianto. According to him, this collaboration is clear evidence that BRI as the bank with the widest reach in Indonesia continues to be adaptive to the development of technology and needs of modern customers.

BRI X INDODAX's co-branding debit card is present as a bridge between conventional banking services and the digital asset ecosystem, thus providing easier, safer, and relevant transaction experience with the younger generation," he said.

BRI and INDODAX agree that bank and crypto collaboration is not just a trend, but a real step to build an inclusive, modern, and sustainable future of financial services.