JAKARTA - Bank Indonesia (BI) revealed that the performance of payment system transactions continues to grow strongly. Reflecting on the payment system in banking through the quick response code Indonesian standard (QRIS) continues to increase.
As for April 2024, QRIS transactions grew 194.06 percent year on year (yoy), with the number of users reaching 48.90 million and the number of merchants 31.86 million.
BI Governor Perry Warjiyo said that the condition of payment transactions was actually inversely proportional to payments using ATM/D cards, which decreased by 12.49 percent (yoy) or reached Rp619.19 trillion.
"Nominal credit cards still increase 11.67 percent (yoy) to reach Rp34.39 trillion," he said at a press conference, Wednesday, May 22.
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Meanwhile, in terms of managing Rupiah money, the amount of Circulated Kartal Money (UYD) increased by 2.64 percent (yoy) to Rp1,058.23 trillion.
Meanwhile, BI-RTGS transactions increased by 18.65 percent (yoy) to Rp13,112.22 trillion. BI-FAST transactions grew 56.70 percent (yoy) to reach Rp612.90 trillion.
Furthermore, the nominal digital banking transactions were recorded at Rp5,340.92 trillion or grew by 19.08 percent (yoy) and the nominal electronic money transactions (EU) increased 33.99 percent (yoy) to reach Rp90.44 trillion.
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